TISCO Auto Cash Launches Debt Consolidation Campaign for Car Owners
TISCO Auto Cash is offering car owners a way to consolidate multiple debts into a single loan with fixed interest rates starting at 0.49% monthly, using their vehicle as collateral through December 2025.
TISCO Auto Cash has launched a 'Consolidate Debt Easily in One Place' campaign targeting car owners to combine multiple debts into a single manageable loan, simplifying administration and accelerating debt repayment. Vipa Mettaviharn, director of multi-purpose credit and direct sales at TISCO Bank, revealed that household debt remains a significant challenge for Thais in 2025, with 78.86% carrying formal system debt, 13.72% carrying both formal and informal debt, and 7.43% carrying only informal debt. Much of this stems from borrowing across multiple channels—bank loans, credit cards, product installment plans, and online lending platforms—reducing financial liquidity and affecting daily living standards.
Many Thais currently juggle multiple debts, bearing interest from various sources while struggling with complex repayment management. TISCO Auto Cash launched this campaign as an alternative solution, allowing borrowers to consolidate multiple accounts into a single debt. The program suits those seeking to close high-interest credit card balances, personal loans, or escape minimum payment traps, streamlining multi-source repayments, enabling efficient financial planning, and accelerating debt clearance.
Borrowers wishing to settle or close existing debts—whether credit card balances, personal loans, or minimum payment installments—can use their vehicle as collateral under the 'Consolidate Debt Easily in One Place' campaign. Eligible vehicles include sedans, pickup trucks, and cargo trucks; no vehicle registration transfer is required. Vehicle age plus repayment term cannot exceed 25 years, and approval ceilings reach 100% of assessed vehicle value.
Fixed interest rates start at 0.49% monthly (effective annual rate 12–24%), with repayment options from 6 to 72 months and flexibility to make early repayment or lump-sum payments without penalty. The campaign runs through December 30, 2025, subject to bank-set lending criteria. Interested applicants can complete the online form at www.TISCOAutoCash.com for initial assessment and document guidance before applying at any TISCO branch nationwide. For more information, contact TISCO Contact Center at 02-080-6000 or 02-633-6000 (press 3) or 02-123-4000, or visit Facebook: TISCOAutoCash and LINE: @TISCOAutoCash.
