What is PICO Finance?
Pico Finance is a small personal loan whose service providers are licensed by the relevant authorities. Suitable for those who need emergency funds in a limited amount.

Characteristics of Pico Finance loans
Type | Pico Finance Loan | Pico Plus Loan
Service provider size | Registered capital 5 million or more | Registered capital 10 million or more
Interest | 33-36% | 28%
Maximum credit limit | Not more than 50,000 baht | 50,000-100,000 baht
Collateral | may or may not exist | may or may not exist

Advantages of Pico Finance
- A better alternative to informal loans. Easy to access and easy to borrow, but legal.
- There is a small loan service that is suitable for people with low incomes.
- Regulated by FPO or FPO, which helps protect borrowers from being cheated.
- You can use or not use collateral for the loan.
- Have a clear loan contract
- Improve your credit history This is because it will always be collected and sent to the control agency.

Some disadvantages of Pico Finance
- The interest rates charged by Pico loan lenders may be higher than normal banks.

How to check the list of Pico Finance service providers nationwide
- Go to the website 1359.go.th/picodoc/
- Check the names of those still operating :Press the list of provincial-level microfinance business operators under supervision. (Pico Finance Loan) that is open for business
- Check the names of those staying at the business :Press the list of Pico Finance business operators who request to temporarily stop doing business.
- Check the names of those who have been revoked :Press the list of Pico Finance business operators who have been suspended/revoked from operating their businesses.
- Check the names of those who have stopped doing business. : Press the list of Pico Finance business operators who have ceased business.
- Search for service provider names or search by province.