News Forum - Loan sharks steal Pattaya mother’s electrical items

[Thaiger]

Cruel loan sharks have stolen a single mother’s electrical appliances after she failed to keep up with repayments on a high-interest loan. The woman from Chon Buri now can’t cook for her children, store food in a fridge or watch television because they were stolen by the heartless thugs. Orawan Chunaka reported the burglary to the police and confessed she was targeted because she missed a few loan repayments. She also revealed that her children were threatened via text messages. One thug even turned up at one of the kids’ schools demanding money. The 39 year mother handed over CCTV […]

The story Loan sharks steal Pattaya mother’s electrical items as seen on Thaiger News.

Read the full story

[Prosaap]

Its always somebody else his fault if you not borrow you have no problem its no different then borrow from a bank you not pay back they come get your stuff the reason they can not get a loan from the bank say it all they not think you can pay back .then if you agree to pay the over the top almost criminal intrest rates you do it yourself nobody tell you to borrow from them i sure there are a lot of sad story’s but you can not complain if you borrow first then cry you can not pay back 

[Faraday]

An unnecessary comment has been removed.

Moderator. 

[PapayaBokBok]

and im betting some thai is taking a loan they cannot afford to pay back as im typing....smh

[Ramanathan.P]

It happens in every part of the world. This is mainly because people don't want to restructure their life style based on their situational changes. Many are trying to live other people's lifestyle with fantasies. No one can change them. And Thai people are not exceptional for that. In fact they are more inclined towards it.....They don't want to loose face, and they rather prefer to face the consequences and end up as "cry baby". No one can help them unless they wake-up from their dreams

[keithroy]

I think there will be a lot more cases like this just the tip of the iceberg 

[keithroy]

18 hours ago, Prosaap said:

Its always somebody else his fault if you not borrow you have no problem its no different then borrow from a bank you not pay back they come get your stuff the reason they can not get a loan from the bank say it all they not think you can pay back .then if you agree to pay the over the top almost criminal intrest rates you do it yourself nobody tell you to borrow from them i sure there are a lot of sad story’s but you can not complain if you borrow first then cry you can not pay back 

Neither a borrower nor a lender be,

[Benroon]

On 7/28/2022 at 5:27 PM, Prosaap said:

Its always somebody else his fault if you not borrow you have no problem its no different then borrow from a bank you not pay back they come get your stuff the reason they can not get a loan from the bank say it all they not think you can pay back .then if you agree to pay the over the top almost criminal intrest rates you do it yourself nobody tell you to borrow from them i sure there are a lot of sad story’s but you can not complain if you borrow first then cry you can not pay back 

So what do banks charge and what do loan sharks charge ?

The clues in the story ….

[Benroon]

8 hours ago, Ramanathan.P said:

It happens in every part of the world. This is mainly because people don't want to restructure their life style based on their situational changes. Many are trying to live other people's lifestyle with fantasies. No one can change them. And Thai people are not exceptional for that. In fact they are more inclined towards it.....They don't want to loose face, and they rather prefer to face the consequences and end up as "cry baby". No one can help them unless they wake-up from their dreams

**** me did you see the picture ? How close does that come to ‘fantasy’ to you ? 

Jesus Christ it’s getting worse - has there been a mad exodus from the ‘other place’ ? 

[Benroon]

7 hours ago, keithroy said:

Neither a borrower nor a lender be,

Until you can’t feed the kids - remember unlike the pampered West, there are no safety nets here. 

[palooka]

5 minutes ago, Benroon said:

So what do banks charge and what do loan sharks charge ?

The clues in the story ….

To borrow from a bank (was about 5% some time ago) you have to have a recognized employer, ie Govt, (all departments), a recognized international company or/and in some cases a few guarantors of reputation who will endorse your loan or put up collateral, house, land etc.

The next line of loans comes from people who only charge 10% per annum, but you have to present the papers for a motor bike, car or deeds from your house or land and this may get you 50% of the value in loan.

Thirdly their is the village fund that can be drawn against, locally up to 20,000 baht only and must reside in the village.  Not all villagers can get this loan, village drunks etc bad luck.

These first three sections only caters for about 40% of the Thai population, the rest are easy meat for the 10% per thieves.

From personal knowledge and experience, in general, Thais do not save to purchase anything.

"Borrow and get now" seems to be the rule.

[Prosaap]

Totdat je de kinderen niet kunt voeden - onthoud, in tegenstelling tot het verwende Westen, zijn erhier geen vangnetten. 
 

 

There is not a thai that borrow money for food 

get your head out of the sand wake up from your dream world 

[HiuMak]

On 7/28/2022 at 5:16 PM, Thaiger said:

Cruel loan sharks have stolen a single mother’s electrical appliances after she failed to keep up with repayments on a high-interest loan. The woman from Chon Buri now can’t cook for her children, store food in a fridge or watch television because they were stolen by the heartless thugs. Orawan Chunaka reported the burglary to the police and confessed she was targeted because she missed a few loan repayments. She also revealed that her children were threatened via text messages. One thug even turned up at one of the kids’ schools demanding money. The 39 year mother handed over CCTV […]

The story Loan sharks steal Pattaya mother’s electrical items as seen on Thaiger News.

Read the full story

All the BS sob story from the woman. Sounds like a whinner using her children. Pathetic

Loans sharks even warned by texting her that he will take the appliances. WTG