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    Thailand Expands Debt Relief Program: More Help for Struggling Borrowers

    Thailand's "You Fight, We Help" Debt Relief Program Expands Eligibility BANGKOK, May 22, 2025 – The Thai government's debt relief program, "You fight, we help," is undergoing significant changes to help more citizens struggling with debt. Initially, the program faced low participation due to stringent eligibility requirements. A recent announcement revealed plans to adjust these criteria, allowing more people to access the financial assistance. The presenter in a recent TNN Online video explained, "Many applied but didn't qualify. The new criteria will include those with overdue payments as short as one day." This change aims to significantly increase the number of beneficiaries. The program offers different relief measures depending on the type of debt and the amount owed. For instance, those with initial loans under 5 million baht might qualify for the program. The government also plans to raise the debt ceiling for those who qualify for the program. The extended deadline for registration is June 30, 2025, giving more time for applicants to meet the revised criteria. This initiative demonstrates the government's commitment to supporting its citizens during challenging economic times. The program's expansion is a positive step toward alleviating financial burdens and fostering economic stability.

    2 months ago
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