ttb Launches Credit Score-Based Car Title Loans for Good Payers

MGR Online•Economy•20d ago

Reader Briefing

ttb introduces a new standard for car title loans by using credit scores instead of vehicle age to determine interest rates.

•ttb launched the ttb Drive car-for-cash loan (non-transfer of ownership) using NCB credit scores to set interest rates.
•The new loan offers starting interest rates of 11.11% per year, equivalent to a flat rate of 0.52% per month.
•ttb targets providing these loans to 14,000 customers with a total credit limit of 5,000 million baht between August and December 2026.
•The bank also introduced the 'Good Payer Loan, ttb Loan' campaign featuring four highlight loan products for disciplined borrowers.

•ttb shifted the interest calculation for car title loans from vehicle age to credit scores via the ttb Drive car-for-cash loan (non-transfer of ownership).
•The ttb Drive loan supports vehicles up to 20 years old with interest rates starting at 11.11% per year (0.52% flat rate per month).
•Thakorn Piyaphan announced that ttb designated 2025 as the year of debtor assistance, with the 'Good Payer ttb... get rewards' project continuing into 2026.
•ttb Cash2Go personal loans launched in early 2026 saw over 80% of customers approved at rates averaging 5% per year lower than previous criteria.
•ttb shifted to Risk-Based Pricing because 77% of customers in the 5 million car title loan market have a history of on-time payments.
•ttb targets 14,000 customers and 5,000 million baht in loans from August to December 2026.
•ttb launched the 'ttbprivilege Good Payers Get Good Things' campaign for customers paying on time from September to November 2026 to win gold bars and other prizes.

Full article content is available on the original source.

ttb(ทีทีบี)

A bank in Thailand that implements Risk-Based Pricing for loans based on credit scores.

National Credit Bureau(บริษัท ข้อมูลเครดิตแห่งชาติ จำกัด)

The organization referred to as NCB that provides credit scores used by ttb to determine interest rates.

Thakorn Piyaphan(ฐากร ปิยะพันธ์)

President of ttb.