Bangkok, The Student Loan Fund informs that 60,000 borrowers were prosecuted in 2014 and have outstanding debts. Please come negotiate to extend the installment period for another 15 years to relieve the guarantor of the burden. Emphasizes that the case may be enforced Do not let the statute of limitations expire. The Student Loan Fund (SLF) revealed that there were approximately 60,000 borrowers who were prosecuted in 2014, whose preliminary debt burden has been calculated. It was found that there were still outstanding debts. The Fund therefore invites this group of borrowers to restructure their debt to extend the repayment period for another 15 years. Moreover, the guarantor will be released from liability immediately after entering into the debt restructuring contract. Otherwise, the Fund may need to enforce the case first to prevent the statute of limitations from expiring. But auction sales will be suspended. Mr. Chainarong Kajchapanan, manager of the Student Loan Fund, revealed that there are still borrowers being prosecuted by the Student Loan Fund during 2014. It was found that this group of debtors still has outstanding debts. The Fund therefore invites this group of borrowers to contact for debt restructuring to have the opportunity to repay debt according to the new contract. To extend the repayment period for another 15 years and the guarantor will be released from liability immediately after entering into a debt restructuring contract. In this case, the Fund may need to enforce the case first to prevent the statute of limitations from expiring. But auction sales will be suspended. We request that borrowers in this group do not worry. As for the conditions in the debt restructuring contract, the borrower is required to repay the fund in monthly installments at the same rate every month. and must be paid within the 5th of every month to be completed within 15 years by paying the final installment Borrowers must not be more than 65 years of age. When the final installment of the debt is paid, the f und will discount all of the original penalties that were set aside. Borrowers can participate in debt restructuring at the event. 'Debt relief fair Creating a Way of Justice' that will be held on April 27, 2024 at Ban Suan Municipality. Chonburi Province and on April 28, 2024 at the Grand Richmond Hotel, Bangkok. After that there will be events in various provinces. all over the country next And borrowers can come to restructure their debt at the fund office every day. You can register for an appointment to enter into a debt restructuring contract. Available through the website www.studentloan.or.th,' said the fund manager. Source: Thai News Agency
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