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Posted

Hi people,

 

Was thinking of borrowing some money to do some house-related projects. Given that my wife technically earns <deleted> all, and my income is from foreign sources, what chances have we of borrowing 1m baht? My MIL can borrow at 6.5% APR, but is there a better deal out there that I'm missing?

 

Cheers. 

Posted

We run a business and have borrowed to complete a new shop. The loan was for approximately 5% of our assets and one and a half years turnover. We only managed 6.5% interest rates so I would say without knowing your full financial position that no I doubt you will find a better rate.

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