Due to soaring household debt the auto loan rejection rate in Thailand is expected to total 30-40% of applications this year, similar to last year, given ongoing concern over bad debt among lenders, says the Federation of Thai Industries (FTI). Prospective pickup buyers are the most likely to have their loan requests denied, resulting in […]

The post Auto Loan Rejections in Thailand Projected to Hit 40% as Household Debt Soars appeared first on CTN News – Chiang Rai Times.

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Author: CTN News