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Ngern Tid Lor upgrades services with Tidlor Card to create the new normal in the vehicle title loan industry

Ngern Tid Lor upgrades services with Tidlor Card  to create the new normal in the vehicle title loan industry
Piyasak Ukritnukun, Managing Director of Ngern Tid Lor, reveals that the company has upgraded its vehicle title loan services by introducing the Tidlor Card, a revolving cash card that allows title loan customers to withdraw cash up to their available credit limit from any ATM across the country. This makes it easier for customers to instantly access money without going through an application process and the need to travel to a branch. Although, at present, the Tidlor Card service is offered to existing motorcycle title loan customers only, Ngern Tid Lor plans to expand the service to other loan customers in the future. For more information about the Tidlor Card, contact any Ngern Tid Lor branch or the call center on 088-088-0880.   
 
To promote the Tidlor Card’s benefits, Ngern Tid Lor has released an TVC ad entitled “Ngern Tid Lor Offering a Card!” using a candid and hilarious story-telling style to portray how the Tidlor Card can help customers overcome financial difficulties in unexpected life events. The ads “Ngern Tid Lor Offering a Card!” are available to view on Ngern Tid Lor’s YouTube channel and Facebook page. 
 
Ngern Tid Lor is a non-bank leader in loan services focusing on retail customers. The company is innovation-driven as it strives to develop and introduce novel technology platforms to enhance customer service experiences across multiple channels (omni-channel service). We are engaged in two main businesses, namely vehicle title loan and insurance broker businesses under the “Ngern Tid Lor” brand, to create fair and transparent financial betterments for under-banked customers who lack access to financial services and products offered by commercial banks. With our explicit business commitment and team of employees who have more than 30 years of experience in the lending business, Ngern Tid Lor has become Thailand’s leader in the vehicle title loan market. We also set new standards for products and services such as 10-minute motorcycle loans and one-hour pickup truck loans. Moreover, we offer vehicle title loans that come with a revolving cash card or “Tidlor Card” which allows customers to withdraw cash up to their available credit limit from any ATM across the country. As a result, Ngern Tid Lor has become Thailand’s fastest growing vehicle title loan provider, with the highest market share (based on outstanding balance) in 2019, and ranked among the top five non-life insurance brokerage companies in Thailand in 2019 based on insurance premium growth.

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