If you want a Loan in many Countries you need to supply a number of Pay Sllps as proof of earnings, as wells a detailed and comprehensive list of outgoings for things like Rent, Electric, existing Loan repayments Etc Etc
Thailand is entering a stage whereby Loans are being , and have been given without proof of earnings, or by using false information supplied
Despite the rosy picture being painted about NPL, there will surely be a significant rise in this sector or a massive number of Loans placed under Special Mention Status
This high household debt is the main reason the Govt cannot raise Interest Rates which is allowing Inflation to go ever higher, will cause higher borrowing for the Govt
And of course, not to forget that higher Interest Rates will mean higher repayments to borrowers, and many are so near the edge of NPL already