FrazeeDK wrote: ↑October 17, 2018, 11:00 ambecause I've seen several lots that followed the outline of what I stated. In fact, in our area of town I've seen some that started off as car washes, then expanded into "loans" with just a few older cars out front (repos) that now have a couple of dozen cars. Business must be booming! None of these place appear to be anything that would be associated with a large bank repo service/sales. They're all relatively small.. Am I generalizing? Yeah sure but drive out any of the main roads from Udon and count the number of used car lots that have signs indicating they give loans for cars...
Of cause they advertise giving loans .
How many Thais have the sort of cash to buy a car?
Does this make them local loans sharks ? or do they get you finance off site.
They do get a cut from the loan companies including major banks as they do from insurance companies.
That is just business .