MEDIA: all you need to know before agreeing to become a creditor

In an economic downturn, one thing lots of people may have to face is borrowing money from friends or acquaintances. The loan may be interest-free, without collateral, or even without any loan documents. Because personal relationships can make it difficult to discuss these matters, the creditor may end up being the one who suffers instead if the debt is defaulted.

In this episode of the popular evening TV programme Home Economy hosted by veteran news anchor, reporter and journalist Dr Wit Sittivaekin, IAS Advisory co-founder Mr Anuwat Ngamprasertkul shares everything you need to know before agreeing to become a creditor, including all the do’s and don’ts and should’s and shouldn’ts.