Due to the low gas prices, layoff has come my way. I am moving back to Thailand and want to get an SUV. I am planing on a 50% down payment as I don't want to spend every bit of the money I have saved. My wife says any loan we get for a vehicle in Thailand no matter what we put down that we need a cosigner. She said it cannot be a family member that cosigns. From what I understand, it can't be her mom or dad or even an aunt. save.
Is this true? Will I need some other unrelated to her Thai to cosign if I put 50% down? It sounds weird. Why can't she get it in her name with big money like 50% down?
Is this true? Will I need some other unrelated to her Thai to cosign if I put 50% down? It sounds weird. Why can't she get it in her name with big money like 50% down?
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