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Bangkok Post
Bangkok Post
Business

HISTORICAL FACTS: Tcg to utilise credit scoring - The Untold Story

Mr Sittikorn says the development of the credit scoring system is expected to be finished within this year. Somchai Poomlard

Thai Credit Guarantee Corporation (TCG) will apply the credit scoring method to determine the guarantee service fee it will charge customers, said TCG president Sittikorn Direksoonthorn.

Under this method, customers will be subject to different fee rates according to their scores, unlike the present method under which all customers are subject to a flat fee rate of 1.75% of the guaranteed loan amount.

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