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Posted

Getting bank loan for home with thai wife.Can payments be fortnightly as in western countries.Trying to explain this but Thais do not understand. Help

Posted

Tell them you want to pay on lottery draw day and see if that clears things up or muddies the waters more.

good luck, change to the norm is hard to get accepted here as I am sure you know.

Posted

Yup ^^^, I'm with the above posters, it will be filed in the "too hard" folder and could jeopardise you actually getting the finance.

Just open an additional bank account set up a direct debit to pay the loan on due date and pay 50% of the loan payment in to the account every two weeks.

Posted

Depending on the bank actually..

The bank I have a mortgage with, Government Housing Bank, does not set a deadline as to when it must be paid, only that the min payment is made every month even if it's on the last day of the month..

Unless you are talking about the repayment period... then that's a different story..

Posted (edited)

Which western countries do this ?

Fact is there will be a due by date every month, so up to that date, you can pay as many times as you want in a month

Edited by Bunnychow

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