Student Loan Fund Warns Borrowers of Fraud Scams

The Student Loan Fund (Korskor) has warned borrowers with outstanding debts to verify the identity of anyone contacting them about payment, in order to prevent fraud. Acting fund manager Anchalee Phuriwitthawattana stated that Korskor conducts debt collection through its own officers and authorized agents in accordance with the Debt Collection Act B.E. 2558 and the Personal Data Protection Act B.E. 2562.

Borrowers must verify that any contact about debt repayment is from an authorized Korskor representative before paying, to protect against impersonation by scammers. The fund advises borrowers to be cautious of anyone claiming to be a Korskor official and to verify information before taking action. Borrowers should not comply with requests to transfer money to personal accounts, provide personal information, passwords, or OTP codes, as Korskor and its authorized agents will never request such information via phone or social media.

Korskor recommends that borrowers verify their outstanding balance and pay through Mobile Banking at any bank by scanning a QR code, which is available anytime and anywhere, or at any Krung Thai Bank counter by providing the fund type, account number, ID number, and payment amount. Borrowers can find other payment methods on the official website www.studentloan.or.th.

The fund emphasizes that borrowers should be extra cautious of urgent requests to transfer money to personal accounts or disclose financial information, and should not comply under any circumstances to avoid becoming victims of fraud. Borrowers who need to verify information can call the Korskor Call Center at 0 2016 4888 or contact the fund's official LINE account.