Thai Government to Crackdown on Illegal Lending Practices

Estimated read time 1 min read

BANGKOK (NNT) – The government has intensified its efforts against illegal loans and loan sharks, prioritizing them as national issues. Prime Minister Srettha Thavisin has described such lending practices as equivalent to “modern-day slavery” and is focused on eliminating them to improve public welfare.

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Debtors impacted by these illicit loans can seek assistance through the Damrongtham Center hotline at 1567 or local district offices until February 29. Already, 75,199 people have registered for help with debts totaling around 3.82 billion baht.

The Royal Thai Police (RTP) and the Office of the Prime Minister have established hotlines (1599 and 1111, respectively) to report loan sharks. Complaints will be promptly addressed, allowing for immediate police action.

Full story: National News Bureau of Thailand

Reporter: Krajangwit Johjit
National News Bureau of Thailand

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