Post by account_disabled on Dec 28, 2023 3:40:36 GMT
"Household debt" is a huge burden for the Thai economy. This has been a long-standing problem in Thailand caused by the spending behavior of people in the country. But the spread of "COVID-19" has affected economic activity, which has affected the ability to repay debt. of the people as well Data from the National Credit Bureau Company Limited or "Credit Bureau" found that different age groups have different rates of incurring debt. The group that created the most debt is Gen Y. At the end of the first quarter of 2020, there was a total of 4 trillion baht in debt, with 270 billion baht outstanding in bad debt or NPLs, followed by Gen X. created debt of 3.7 trillion baht, with bad debt in the system at 280 billion baht, while baby boomers Total outstanding debt is 1.2 trillion baht and NPL is 84 billion baht. How much debt does "Gen Z" have? But the group is equally worrisome. This is the debt of the "Gen Z" or "Gen Z" people.
The reason why this generation is worrisome. Because the group is under 23 years old, born between 1996 and 2009. who is a new borrower Starting to have debt for the first time which is becoming a new target group of financial institutions that focus on digital Especially Digital lending transactions that allow easy access to credit sources. which is a double-edged sword That may easily lead to bad debt if there is no understanding. and lack of financial discipline Currently, Gen Telegram Number Data Z has become the age group with total debt of 25 billion baht and NPLs of 1.2 billion baht. Bad debt of Gen Z is concentrated in car loans. and non-automobile hire purchase loans, such as starting an online seller who raises funds themselves or from family to do business in the beginning. and continue with a business loan when you have more experience. 159222333778 Overall, 70-80% of purchases made by the new generation and working people are luxury items.
Due to the behavior of the new generation and working people It will follow the trend of society. Fashion trends that occur Moreover, this group of people will have a habit of spending with cards. spending money in the future Non-cash Bad debt trend of "Gen Z" What is more worrisome than being in "debt" is the trend of "bad debt" at a fairly high level​. Debt accumulation has accelerated at a very high rate in the past 1-2 years. In the first quarter of 2020, Gen Z debt has a relatively fast growth rate. Averaged 7% per month since December 2019 and has grown more than 200%. Compared to the same period last year As for the total debt of this group at the end of the first quarter, it was 32 billion baht, a sharp increase compared to the end of 2019, which was 26 billion baht. The causes of bad debt in Gen Z are reflected in research on.
The reason why this generation is worrisome. Because the group is under 23 years old, born between 1996 and 2009. who is a new borrower Starting to have debt for the first time which is becoming a new target group of financial institutions that focus on digital Especially Digital lending transactions that allow easy access to credit sources. which is a double-edged sword That may easily lead to bad debt if there is no understanding. and lack of financial discipline Currently, Gen Telegram Number Data Z has become the age group with total debt of 25 billion baht and NPLs of 1.2 billion baht. Bad debt of Gen Z is concentrated in car loans. and non-automobile hire purchase loans, such as starting an online seller who raises funds themselves or from family to do business in the beginning. and continue with a business loan when you have more experience. 159222333778 Overall, 70-80% of purchases made by the new generation and working people are luxury items.
Due to the behavior of the new generation and working people It will follow the trend of society. Fashion trends that occur Moreover, this group of people will have a habit of spending with cards. spending money in the future Non-cash Bad debt trend of "Gen Z" What is more worrisome than being in "debt" is the trend of "bad debt" at a fairly high level​. Debt accumulation has accelerated at a very high rate in the past 1-2 years. In the first quarter of 2020, Gen Z debt has a relatively fast growth rate. Averaged 7% per month since December 2019 and has grown more than 200%. Compared to the same period last year As for the total debt of this group at the end of the first quarter, it was 32 billion baht, a sharp increase compared to the end of 2019, which was 26 billion baht. The causes of bad debt in Gen Z are reflected in research on.