Bangkok, "Debt Clinic by SAM" reveals success in 2023, with debt-ridden customers flocking to apply, exceeding the target. As a result, the accumulated amount helps Thai people solve their debts. Reduce the country's household debt problem over the 6 years since the project began, up to 54,000 people, with a total debt of more than 10,000 million baht. Mrs. Sirinat Naeng-anong, Acting Managing Director of Sukhumvit Asset Management Co., Ltd. (BAMC) or SAM, revealed that in 2023, the "Debt Clinic Project by SAM" was able to operate and achieve the BoT's goals. specified. There are nearly 20,000 applicants to join the project, or more than 50,000 accounts, since the project's inception. From June 2017 to the end of 2023, it was found that there were approximately 54,000 people who had signed debt restructuring contracts, or 153,000 accounts, with a total principal debt burden according to the contract of 10,700 million baht. Currently, customers have an average principal debt burden of There is approximately 200,000 baht per person in the project. The average number of accounts remaining is 2.8 accounts per person. The average installment payment is approximately 2,400 baht per month and the average repayment period is 89 months. It is gratifying that since the start of the project, 6 years ago, approximately 1,800 customers have been able to complete their payments, or 4,500 accounts, representing the principal debt according to the contract. A total of approximately 250 million baht or 3.3% of the debt has been paid off, most of which were able to complete the installment payments before the contractual deadline. At the same time, it is unfortunate that a number of customers had to leave the project. Most of which are caused by customers breaking their debt restructuring contract, such as having outstanding balances of more than 90 days. The rest include cases where they do not enter into a compromise agreement at the court. Breach of conditions for paying the final installment Violating the waiver conditions, etc. However, SAM as one of the important mechanisms and tools for solving the country's household debt problem. This is considered a national agenda and an important policy of the government. SAM is therefore ready to fully cooperate and push the project. In order to reduce household debt problems as much as possible. If any customer starts having problems with paying installments. and there is a tendency to not be able to follow the conditions of the project, you can contact Inquire and consult Discuss with the project. SAM will consider guidelines on a case-by-case basis. The conditions are as specified so that customers can pay in installments according to their true ability continuously. This year we still have a goal of inviting customers to apply at least no less than last year. In this regard, the Debt Clinic Project by SAM' provides assistance to debtors with bad credit card debt. Cash cards and unsecured personal loans There is an outstanding balance of more than 120 days with a special interest r ate of only 3-5% per year and a maximum repayment period of up to 10 years, with 3 debt restructuring options: 1. Installment payments not exceeding 4 years, interest rate of 100 baht. 3 per year 2. Installments for more than 4 years, not more than 7 years, interest rate 4 percent per year. 3. Installments for more than 7 years, not more than 10 years, interest rate 5 percent per year. The applicant's qualifications are that he is a natural person who Have income Not more than 70 years of age with total debt not exceeding 2 million baht Debt Clinic Project by SAM' is open every day from 9:00 a.m. to 7:00 p.m. on the 4th floor of The Avenue Ratchayothin Shopping Center (Glass Elevator Zone), Phahon Yothin Road, Chatuchak District, Bangkok (BTS Ratchayothin Station) or Apply to join the project through online channels, including the website www.debtclinic.com or add Line @debtclinicbysam and Facebook Debt Clinic by SAM or contact for details at Call Center 1443. Source: Thai News Agency