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News Forum - Udon Thani woman forced to sign new loan, assaulted by creditor


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A woman reported her creditor for assaulting her in the middle of a market, despite claims of having repaid the loan in full. She was forced to sign an additional loan agreement for 40,000 baht after already repaying both the principal and interest. The woman, 46 year old Phanomphon from Nong Khon Kwang, Mueang district, … …

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Borrowed 40,000. Repayed 48,0000 and still remaining balance 40,000? How does the interest calculation works? What is the formula. 

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