November 12, 2025: National Credit Bureau Co., Ltd. (NCB) joins the Ministry of Finance (MOF), Bank of Thailand (BOT), and financial institutions to address household debt under the Quick Big Win Economic Policy Agenda. A project to resolve non-performing loans (NPLs) through the acquisition of debt by asset management companies (AMCs), under the name “Clear Debt, Move Forward” was launched by MOF and BOT. This special measure will be implemented only once and aims to help unsecured borrowers regain a fresh financial start.
Dr. Luxmon Attapich, CEO of NCB, said:
“NCB is pleased to support the ‘Clear Debt, Move Forward’ project by leveraging credit
information tools to increase opportunity to access future loans. NCB will assist through account status codes that benefit borrowers participating in the program. Borrowers who fully settle their debts will receive account status 11, while those who join the program and maintain good installment payments will receive account status 16—and status 11 upon closing the account. These codes indicate that the account is normal with no outstanding overdue payment, reflecting commitment and good repayment behaviour. This will open door to future credit access.”
Dr. Luxmon added:
“These account status codes are designed to create incentives for borrowers to maintain positive financial behaviour. Every good repayment will be recorded and fairly reflected in the system, forming a solid foundation for building good credit going forward.”
The “Clear Debt, Move Forward” project targets small individual debtors with non-performing loans (NPLs) across all types of credit with financial service providers, of no more than 100,000 baht as of September 30, 2025. Participants will receive more lenient debt restructuring terms to reduce their burden, such as waiving all accrued interest and fees, and partially reducing principal. This enables borrowers to resume payments and close debts faster, improving their NCB credit history and increasing their chances of accessing formal credit again.
The project offers two options:
- Single Payment: Debtors pay part of the debt to close the account immediately.
- Installment Plan: Debtors repay in installments for up to 3 years, with interest waived during participation if conditions are met.
Once debtors in the program fully repay, they will receive account status 11, meaning the account is closed with normal status. This information will remain in the system for 3 years, like regular account closures, to demonstrate effort and discipline in repayment. This will be the “key to unlock opportunities” for AMC debtors to access future financial services.
NCB also encourages everyone to regularly check their credit information to stay informed about their financial situation, verify information accuracy, and use credit data as a tool for effective financial planning. Credit reports and credit scores can be accessed through various channels—see more details on www.ncb.co.th
Source: National Credit Bureau of Thailand
