Ace of Pop Posted May 10, 2013 Share Posted May 10, 2013 Has anyone ever seen a Car Repo Vehicle here.?. In the U.S. you saw them everywhere. Link to comment Share on other sites More sharing options...
vspin134 Posted May 11, 2013 Share Posted May 11, 2013 It seems to me that Thai banks want you to keep your car even you can pay or not. If you miss payments they will embarrass you every way they can. They will call everyone even at your office and if you don't have a job you probably have cosigner...they will also do the same thing with that person. In the end to save face someone will come up with something someway. Once this happen your bad credit is set for life no matter what or how you settle with creditor. And forget about credit bureau record...they will take you out from join performing loan...but they won't take your name out and any creditor have access to your century-old record. In US they clean up your record completely once you become new man. LOS set you up like a convict for life. Sent from my Nexus 7 using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
AnotherOneAmerican Posted May 11, 2013 Share Posted May 11, 2013 It seems to me that Thai banks want you to keep your car even you can pay or not. If you miss payments they will embarrass you every way they can. They will call everyone even at your office and if you don't have a job you probably have cosigner...they will also do the same thing with that person. In the end to save face someone will come up with something someway. Once this happen your bad credit is set for life no matter what or how you settle with creditor. And forget about credit bureau record...they will take you out from join performing loan...but they won't take your name out and any creditor have access to your century-old record. In US they clean up your record completely once you become new man. LOS set you up like a convict for life. Sent from my Nexus 7 using Thaivisa Connect Thailand mobile app Completely wrong. After about ten years you get a absolutely clean record. Link to comment Share on other sites More sharing options...
vspin134 Posted May 11, 2013 Share Posted May 11, 2013 You are right after 10 years you get clean record but banks doing keep their own. I am not talking about credit bureau! Sent from my Nexus 7 using Thaivisa Connect Thailand mobile app Link to comment Share on other sites More sharing options...
Ace of Pop Posted May 11, 2013 Author Share Posted May 11, 2013 What promted my post is that ive never seen or heard of a Repo here, or seen a Repo Truck, yet Stateside you see em everyday, Must be more rich over here. Link to comment Share on other sites More sharing options...
stevenl Posted May 12, 2013 Share Posted May 12, 2013 What promted my post is that ive never seen or heard of a Repo here, or seen a Repo Truck, yet Stateside you see em everyday, Must be more rich over here. Don't recall seeing them anywhere but the US. Link to comment Share on other sites More sharing options...
Spoonman Posted May 12, 2013 Share Posted May 12, 2013 (edited) Someone is doing repo's as here is a financier auction for this coming Wednesday. http://www.manheim-asia.com/auction.aspx?auction=X1FB451 Edited May 12, 2013 by Spoonman Link to comment Share on other sites More sharing options...
Ace of Pop Posted May 12, 2013 Author Share Posted May 12, 2013 Someone is doing repo's as here is a financier auction for this coming Wednesday. http://www.manheim-asia.com/auction.aspx?auction=X1FB451 Interesting Link. Link to comment Share on other sites More sharing options...
joepattaya1961 Posted May 13, 2013 Share Posted May 13, 2013 Dam-n, the repo-car is up for sale: http://www.manheim-asia.com/vehiclephotos.aspx?v=1114302 Link to comment Share on other sites More sharing options...
Spoonman Posted May 13, 2013 Share Posted May 13, 2013 Dam-n, the repo-car is up for sale: http://www.manheim-asia.com/vehiclephotos.aspx?v=1114302 Nah not the repo vehicle, they do not exist apparently. Link to comment Share on other sites More sharing options...
Ace of Pop Posted May 13, 2013 Author Share Posted May 13, 2013 The sign across the windscreen is for an Insurance Company.Perhaps its a basic wrecker.Still aint seen a Book n Hook. Link to comment Share on other sites More sharing options...
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