Post by account_disabled on Dec 13, 2023 5:40:56 GMT
The Phoenix app (FINNIX) moves forward to help Thai people avoid debt outside the system. Launching the "Nang Tas" campaign based on the real experiences of users who have been victims of illegal money lending apps or informal loans. Aiming to encourage people to make a living to escape from the cycle of being slaves to illegal loan apps. Along with providing correct knowledge and understanding to the people to prevent them from falling for the scams of criminals. Along with continuing the Empowerment strategy (adding income and knowledge) from the FIRE ecosystem, a pair of people making a living.
Ms. Thiranan Arunwattanakul, Chief Operating Officer of Mannix Co., Ltd., said that at present people are in trouble from borrowing money through pirated apps or loan services outside the system. From our study, we found that In the first quarter of 2023, just among the top 100 most Email Data downloaded financial apps, there were more than 30 money loan apps that were not registered and allowed to conduct business under the supervision of the Bank of Thailand. The behavior of these apps often forces borrowers to return the money before the agreed upon time period. Change the expensive interest rate later, resulting in the actual loan not reaching the approved limit. and use various methods to cause borrowers to accumulate debt until they are unable to repay the debt.
Including in this period An outbreak of scammers posing as financial institutions and banks in various ways. Tricked into transferring a deposit for a loan amount Once the victim has transferred the money, they turn off social media and flee. and then open a new account Continue to defraud new victims. creating severe distress for the people causing a lot of money to be lost “For this reason, Phoenix, a loan app for people to earn a living. Under the management of Mannix Co., Ltd., it is important to help consumers stay away from debt outside the system. By creating the "Nang Tas" campaign to encourage people who make a living to break free from the cycle of illegal money lending apps.
Ms. Thiranan Arunwattanakul, Chief Operating Officer of Mannix Co., Ltd., said that at present people are in trouble from borrowing money through pirated apps or loan services outside the system. From our study, we found that In the first quarter of 2023, just among the top 100 most Email Data downloaded financial apps, there were more than 30 money loan apps that were not registered and allowed to conduct business under the supervision of the Bank of Thailand. The behavior of these apps often forces borrowers to return the money before the agreed upon time period. Change the expensive interest rate later, resulting in the actual loan not reaching the approved limit. and use various methods to cause borrowers to accumulate debt until they are unable to repay the debt.
Including in this period An outbreak of scammers posing as financial institutions and banks in various ways. Tricked into transferring a deposit for a loan amount Once the victim has transferred the money, they turn off social media and flee. and then open a new account Continue to defraud new victims. creating severe distress for the people causing a lot of money to be lost “For this reason, Phoenix, a loan app for people to earn a living. Under the management of Mannix Co., Ltd., it is important to help consumers stay away from debt outside the system. By creating the "Nang Tas" campaign to encourage people who make a living to break free from the cycle of illegal money lending apps.