PUBLISHED : 12 Oct 2024 at 04:00
The United Thai Nation (UTN) Party has proposed a bill to reform the credit bureau law to create opportunities for people to access credit and reduce the likelihood of them becoming indebted to loansharks.
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PUBLISHED : 12 Oct 2024 at 04:00
The United Thai Nation (UTN) Party has proposed a bill to reform the credit bureau law to create opportunities for people to access credit and reduce the likelihood of them becoming indebted to loansharks.
The party’s deputy leader and list MP Anucha Burapachaisri; Atavit Suwanpakdee, the initiator of the reform bill; and other key party members recently released a statement on amending the Credit Information Business Act BE 2545 (2002).
Mr Anucha stressed the importance of reforming the credit bureau system, saying at least five million people have been negatively impacted by the current credit data collection practices, half of which arose from financial struggles during the Covid-19 pandemic.
Under…