#bigconcern — Public Fediverse posts
Live and recent posts from across the Fediverse tagged #bigconcern, aggregated by home.social.
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2.4mil at-risk #borrowers a #bigconcern
"National #CreditBureau reveals there r 25mil indiv borrowers in #Thailand, ~38% of e population.. ave #debt per borrower is bht540k.. Retail borrowers #atrisk carry an ave debt of bht1.12mil each.. Most r younger indivs, aged 25-35, earning lower incomes & living in rural areas.. Per PIER research, if a #moratorium is offered w/o encouraging #financial #discipline, 60% r more likely to remain long-term borrowers & 45% may #default"
https://www.bangkokpost.com/business/general/2871422/2-4-million-at-risk-borrowers-a-big-concern