Consolidate all your loans and credit cards into one easy monthly installment through applying a Buyout Loan in UAE. All expats and UAE National may apply for a debt consolidation. Easy availability upto 20 multiples of Salary.
Al Etihad Credit Bureau has been established in UAE to collect credit account information including the original amount of a loan, the credit limit on a credit card, the balance on a credit card or other loan, and the payment status of the account. This credit report reveals whether you are a good borrower or a bad borrower. Banks will have access to an individual’s payment history and current loans status.
The reports will help banks approve or reject requests for credit. Those with a poor repayment history could be declined a loan, even if they have the capacity to pay.