Thailand Housing Agency Offers Debt Relief Program for Struggling Borrowers
Thailand's National Housing Authority launched a debt relief program allowing struggling borrowers to settle overdue loans with up to 50% principal reduction or pay interest-free over 36 months, with applications open until December 2026.
The National Housing Authority is inviting eligible residents and citizens to join the "Clear Debt, Move Forward" program to assist non-performing loan (NPL) borrowers in reducing their debt burden, restoring their credit history, and regaining access to the formal credit system. Borrowers can choose between a one-time settlement with up to 50% principal reduction or interest-free installments over a maximum of 36 months. The program accepts applications until December 31, 2026.
On July 21, 2026, Thavipong Vichaidis, Governor of the National Housing Authority, announced that the program is a collaboration between the Ministry of Finance, the Bank of Thailand, the Thai Bankers Association, and Sukhumvit Asset Management (SAM). It aims to assist individual borrowers with non-performing loan status by reducing their debt burden, restoring their financial standing, and providing an opportunity to re-enter the formal credit system.
The National Housing Authority prioritizes improving citizens' quality of life while strengthening household economic security, and is promoting this measure to ensure Housing Authority residents have access to solutions for debt problems and financial rehabilitation.
Eligible participants must be individuals with non-performing loan (NPL) status, with payments overdue for more than 90 days as of September 30, 2025, and total NPL debt not exceeding 100,000 baht according to the National Credit Bureau (NCB). Applicants must not be bankrupt or listed on the Financial Intelligence Unit's Sanction List. The program covers credit card debt, personal loans, and remaining balances from previously secured loans.
Borrowers can choose payment options based on their circumstances: one-time settlement with up to 50% principal reduction, or installment payment with up to 30% principal reduction, 0% interest, and up to 36 months to pay. This helps reduce debt burden, improve liquidity, restore credit history, and create opportunities for a fresh financial start.
Governor Thavipong stated that stable housing must be accompanied by financial security. The Housing Authority serves as a channel to publicize beneficial government measures, ensuring residents have access to financial rehabilitation opportunities—a foundation for improving quality of life and providing long-term family security.
Interested parties can contact SAM Contact Center at 1443 ext. 6 or via LINE Official @samsocialamc. Eligible applicants can participate in the program until December 31, 2026.
