Tidlor Card | I’m here to help! The money you've been paying back can be revolved.

Ngern Tid Lor Public Company Limited (TIDLOR), represented by Mr. Thitided Srimarayat, Senior Vice President of Marketing and Business Development, announced that the company has been offering the "Tidlor Card." This revolving cash card is designed to provide customers with the convenience of withdrawing cash up to their vehicle title loan limits through leading commercial bank ATMs. This product was created with the intention of fostering fair and transparent financial opportunities, as well as enhancing access to standard financial services for small-scale borrowers.

Additionally, customers with vehicle title loans for cars and pick-up trucks who use the "Tidlor Card" benefit from a low interest rate of 0.94% per month. The fixed credit line is maintained for at least one year. When customers make payments, the principal amount becomes available again on the Tidlor Card, enabling them to reuse the amounts paid. Customers can withdraw cash using the Tidlor Card at over 50,000 ATMs nationwide, 24/7, or transfer loan amounts to their accounts via the Ngern Tidlor App, conveniently and quickly within one minute.

Furthermore, a campaign titled "Tidlor Card | I’m here to help! The money you've been paying back can be revolved" has been launched through an advertisement series. This series illustrates customers' issues, such as being followed up for rent payments, with staff providing assistance. The campaign raises awareness about the benefits of the Tidlor Card, which allows customers to reuse their paid amounts to address emergencies.

Mr. Thitided added that due to the still-recovering economy, low-income earners and freelancers often need funds for emergency situations. Conventional vehicle title loans might have limitations, allowing only one loan per vehicle title and reducing the loan amount as the market value of the vehicle decreases, contrary to customers' increasing problems. The interest rate customers receive aligns with their risk, according to Risk-Based Pricing for small-scale loans. Moreover, there is a communication campaign encouraging customers to borrow only as necessary and repay within their means, in line with the Bank of Thailand's Responsible Lending policy.