Chiang Mai, Looking at the debt of Chiang Mai teachers. Found almost the full loan amount of the Teachers’ Savings Cooperative, more than 20 billion baht.
National Teacher’s Day this year The news team took us to explore the problem of teacher debt in Chiang Mai Province. Found the teacher’s debt balance. who is a member of the Chiang Mai Provincial Teachers Savings Cooperative Have a higher loan amount 25 billion baht From more than 30,000 members It was found that most of them borrowed to buy houses, cars, do business, as well as repay bank debt and debt outside the system.
Chiang Mai Teachers Savings Cooperative On National Teacher’s Day, teachers who are members of cooperatives also come to apply for loans and repay debts every day. By Mr. Suthat Prasat Suwan Chairman of the Chiang Mai Teachers Savings Cooperative Revealing the current teacher debt problem, borrowers are likely to decrease. But the loan amount is still more. 25 billion baht From a total of more than 30,000 members, there are more than
20,000 borrowers, of whom 99 percent. You can pay in installments as usual. At an interest rate of 5.4 percent and with dividends provided. which the principles of the cooperative It will allow teachers to borrow 2 times their salary but not more than 3 million baht. Most of them found that they borrowed to buy a house, buy a car or borrow to pay for child care. But the problem encountered was that most people borrowed from cooperatives until their salary was deducted, leaving only 30 percent until the money was not enough. You have to go get a bank loan. or borrow outside the system Some of them asked for debt consolidation. By having the cooperative help in debt restructuring. As a result, the number of installments that teachers have to pay their debt will be longer. Some of them can be paid in installments until they retire from government service.
While some teachers have already retired But they still owe money to the cooperative, saying that most of the teachers come from homes that don’t have a lot o
f wealth. and low salary Since new appointments, many people have had to teach in remote areas. There are expenses, car expenses, housing expenses, some of which you have to borrow to build yourself, buy a car, buy a house, and take care of your family. and advises the new generation of teachers to be self-sufficient and have more financial discipline
As for the new generation of teachers who come to borrow I don’t want you to look at that. Teacher debt is the only debt. Because many people borrow to continue their studies, start a business, and earn extra income. While some teachers choose to become members of savings cooperatives just to save money. Because they think that the more money they save, the better their lives will be. Not having debt is a great fortune.
Source: Thai News Agency