Thai finance company’s handwritten debt recovery note sparks online debate

A finance company‘s unconventional method of debt recovery has sparked an online debate.

A handwritten demand letter for a car instalment of 27,850 baht was left in a woman’s mailbox, causing her to question the legality and normalcy of this approach.

The woman took to the consumer group on Facebook, sharing her experience and seeking clarification. She expressed her bewilderment at the absence of any official letterhead and why it had been delivered in such a manner. She received two identical letters in her mailbox, one on November 18 and another yesterday (November 22).

The post, featuring images of the handwritten note, ignited a flurry of comments from netizens expressing diverse views. Some argued that the approach seemed unprofessional and could be a potential scam given the prevalence of fraudsters. Others suggested contacting the finance company directly for confirmation.

Some netizens took a more pragmatic stance, questioning the woman about her outstanding payments. They argued that if the debt was indeed overdue, she should simply pay it off, as the letter suggested multiple months of unpaid instalments, reported KhaoSod.

In response to these comments, the woman admitted to having outstanding payments but expressed confusion over the company’s unusual approach, despite having already communicated with the finance company. This incident highlights the importance of official communication methods in debt recovery processes, which not only maintain professionalism but also ensure the trust of the consumers.

In related news, police and residents in the eastern province of Rayong worked together until they successfully arrested a Thai man who raped a finance company worker after he hid in the forest for more than 30 hours. Forty-eight-year-old Chaiyot Liaodam tricked a female financial company employee into meeting him at a rubber plantation in Samnak Thong sub-district, Mueang district, Rayong province.

He accomplished this by contacting a motorcycle dealer under the pretence of ordering a motorbike. Read more about this story HERE.