amid the sluggish economy following the covid crisis until being hit repeatedly from the Russo-Ukraine war which caused the price of goods and energy to soar higher As a result, people, merchants, and SME businesses had to face the problem of declining income in contrast to increased expenses
Trading is difficult. have a gap until some have to turn to find a source of loan to solve the problem of tight money in tight times by borrowing money through the app It has become one of the channels that are getting more and more attention right now. As for loan apps that are legal and approved by the Bank of Thailand (BOT), what are they, according to TNNONLINE?
start from “True Money Wallet” (TrueMoney Wallet) by TrueMoney, a leader in electronic payment services. The leading comment in Southeast Asia joins hands with Kiatnakin Phatra Bank Provide multi-purpose personal loan service “KKP CASH NOW” on the TrueMoney Wallet application, with interest rates starting from only 8.99%* per year, installment periods of up to 60 months, instant approval, instant payments through the app, instant approval within 1 Days starting at 10 baht per ten thousand per day, maximum limit 400,000 baht
applicant qualifications
– Customers who have a TrueMoney Wallet account
– Thai nationality
– Full-time employees: 20-60 years old
– business owner and self-employed: 20-65 years old
– Minimum monthly income 8,000 baht
– Minimum 4 months of employment for full-time employees
see details at https://www.truemoney.com/
later as instant money (Money Thunder) SCB Abacus Company Limited, a company in SCB Group With a maximum loan limit of 50,000 baht, apply for a loan online, get paid in 24 hours. Interest is calculated from the principal amount of 10,000 baht, the repayment period is 12 months, the interest is calculated at the rate of 33% per annum.
Eligibility for applicants
– Thai nationality, age 20-65 years
– Full-time work or freelance work can be borrowed
– Use only your ID card with bank statements
see details at https://www.money-thunder.com/nano-loan
next is Phoenix (FINNIX) Nanofinance Loan Provider Credit limit from 2,000- 100,000 baht, low interest rate Not more than 33% per year or 2.7% per month, no other hidden fees withdraw how much pay interest only Interest is charged on a daily basis, reduce the principal, reduce the interest, approve in 5 minutes
Eligibility for applicants
– Income 8,000 baht per month or more, what occupation do you do?
Full-time work, owning any business, can apply.
– Age between 20-60 years
– General contracting or freelance
– Unstable income, no salary slip, no securities No guarantor can apply for a loan.
– Employees or permanent employees
– General and online business owners
see details at https://www.finnix.co/product-finnix-bewinged
the other is Dolphin Money (Dolfin Money) KBANK is a personal revolving credit line in the form of Virtual Card issued by KASIKORNBANK. as a reserve limit giving you flexibility in everyday spending no interest When the limit is not used
The amount can be used as follows:
1. Withdrawal from credit line without a card at a K-ATM via K PLUS
2. An approved credit limit withdrawal service to your savings account via K PLUS and Dolphin Application.
3. Payment services for purchasing goods and services on online stores that accept Union Pay cards.
4. Service for spending via Dolphin Wallet by binding a Dolphin Money limit.
-The interest rate is a discount rate of up to 25% per annum (including interest, fines, service fees, fees) including no interest payments. If no credit limit is used, the maximum approval limit is not more than 5 times the income. up to 1.5 million baht
Considered from income and ability to pay off debt.
-In the case of customers earning from 30,000 baht or more, the maximum limit is not more than 5 times the income.
-In the case of customers whose income is less than 30,000 baht, the maximum limit is not more than 1.5 times the income.
Eligibility for applicants
– People between 21 – 70 years old
– Thai nationality
-Install K PLUS app with login account
-Never applied for a Kasikorn Bank Xpress Cash card
– have a cash card or loans with financial institutions or personal loan operators together not exceeding
3 locations (only those whose monthly income is less than 30,000 baht)
see details at https://www.dolfinthailand.com/dolfin-money-kbank/
No less interesting is the “LINE BK” It is a collaboration between LINE and Kasikorn Bank to provide a wide range of credit services. Both quick cash, savings accounts or even debit cards, we can conduct financial transactions via the LINE app, whether borrowing, transferring, paying or withdrawing.
Without installing additional apps, it can be used via LINE. Suitable for the new generation and people who are looking for a line to borrow money or payday loans the most legal loan. Borrow money online. Low installment 200 baht. No salary slip required. Maximum 800,000 baht. Interest rate. and repayment period, normal interest rate up to 25% per annum
Eligibility for applicants
-Only individual who are between 20 – 60 years old
– Thai nationality
-Have a LINE BK deposit account
– minimum income
-Lending amount: 7,000 baht per month
– Nano lending limit: 5,000 baht per month
see details at https://www.linebk.com/th/credit-line/
part Cache Joy (Kashjoy) by KBJ Capital Co., Ltd. Loan amount up to 5 times but not more than 1 million baht, installments up to 60 months, easy to apply, requires few documents, quick approval without any securities or personal guarantees. Effective interest rate, interest rate does not exceed 25%
Eligibility for applicants
– Thai nationality
– Regular income 7,000 baht or more
– 4 months of employment or more
– Receive salary via bank transfer
– Have a basic working number who can be contacted
See more details at https://www.kbjcapital.co.th/cashcard?
There is also WEALTHI or Wealthi by Welthi Tech Fin Co., Ltd. after holding a Pico Finance license of the Ministry of Finance Provides a maximum loan amount of 50,000 baht, interest 15-36% per year, has a quick work process, initial approval in 5 minutes and waiting to receive money within 48 hours.
Eligibility for applicants
– is a professional Both with regular income and self-employed
– A person of Thai nationality, at least 20 years of age When you combine your age with the loan repayment period, it cannot exceed 65 years.
– have a certain residency have a place of work can contact
-Have an Android phone and a Facebook account
See more details at http://wealthi.co/credit-2/
side Krungsri iFIN A personal loan that allows you to easily apply for a loan. no matter where You can do it yourself every step of the way on your mobile phone through the KMA-Krungsri Mobile App. You can control by yourself, just load, upload, receive a high credit line of 2 million baht or not more than 5 times your income, the maximum interest rate is not more than 25% per year, fees and other expenses. according to the bank’s announcement
Eligibility for applicants
– Age 20 – 59 years
-Income meets Bank of Ayudhya rules
– Employees with monthly total monthly income of 15,000 baht or more
– The business owner has a minimum income or average monthly sales of 200,000 baht or more.
– Age of working / age of business from the date of registration from 1 year up
-Have a telephone number that can be contacted at home and/or at work
Click for details at https://www.krungsri.com/th/personal/loans/personal-loans/revolving-loan/ifin-apply-kma
End of payday loans Xpress Loan of Kasikorn, easy to borrow, quick approval, get a lump sum to use immediately to help customers As working capital, get money immediately, no guarantee, interest rate is in accordance with bank criteria, in case of lump sum loan approval, amount 6,000 – 20,000 baht, can choose a repayment period of 12, 18 or 24 months only
lump sum loan Installment payments starting at 300 baht per month, calculated from 17% interest, 6,000 baht principal, 24 months installments, interest rate with a discount of up to 25% per annum (including interest, fines, service fees and other fees)
Eligibility for applicants
– Thai nationality
– Age 20+
– The borrower’s age when combined with the repayment period must not exceed 70 years.
– Must have income of 7,500 baht or more
– Must have worked for at least 6 months
Click for details at https://www.kasikornbank.com/th/personal/Loan/PersonalLoan/Pages/XpressLoan.aspx
Although the source of loan in the system It will be an alternative to alleviate the burden of suffering for consumers. Under the terms of the rules that are supervised by the authorities But what the borrower must always remind himself is borrow as needed do not overspend and have discipline in repayment to relieve debts, end soon because if the loan is too much fun or an unforeseen event occurred until unable to find money in the system to pay back as scheduled may have to turn to alternatives that should not be chosen like informal debt to become a snake eating its tail, creating an endless burden
Source TNNONLINE collected from , True Money Wallet, Phoenix, Dolphin Money, LINE BK, Cash Joy, WEALTHI, Xpress Loan, Instant Money
Illustration Pixabay,AFP
