Let’s talk about a situation we see all the time here in Dubai. You’re sitting there with multiple credit card bills, maybe a car loan, and the numbers just aren’t adding up. The question hits you: should I get a personal loan to clean this up, or is this a job for proper debt consolidation?...Read More
Let me tell you about a client that shall remain nameless, attempting to get their Dubai finances in order. They walked into an Debt consolidating branch, full of hope and dread. They had a few bank statements crumpled in their bag and a vague idea of their debt numbers. A very polite Emirati gentleman asked...Read More
In our industry, we’ve noticed a distinct trend over the past eighteen months. A growing number of Dubai residents, project managers, tech professionals, senior marketers, arrive for consultations with a similar profile. They present healthy salaries, often well above AED 25,000, yet they carry a look of financial exhaustion. The issue isn’t a lack of...Read More
You know that moment when you are sitting in traffic on a busy night, watching the meter tick on your taxi ride, or thinking about your finances and suddenly remember, was today the due date for your multiple loans? That anxious feeling in your stomach, the frantic login to your banking app, we have all...Read More
Understanding debt consolidating is actually easy and not that complicated. Understand with an example of a former client. Let’s call him Ahmed for instance. He kept checking his phone nervously. “Three different banks are calling me,” he sighed. “I can’t remember which payment was due yesterday versus today.” The sinking feeling when you realize you’ve...Read More
There are a lot of common mistakes found in people using debt consolidation. It is easier to understand this with an example. Let’s assume there is a person named Razzaq. His salary is already spoken for by five different banks. “I’m thinking of consolidating,” he says, almost like he was confessing to a crime. That’s...Read More
Nobody really moves to Dubai dreaming of budget spreadsheets. You come here chasing a lifestyle: the big salary, the skyline, maybe a little luxury you didn’t grow up with. And for a while, you feel like you’re ahead. You’ve got the brunches, the car, the apartment that your friends back home envy. But then, quietly,...Read More
In today’s complex financial world many individuals fall for the trap of having more and more debt liabilities. The process of juggling multiple payments with different interest rates and due dates can become overwhelming and honestly a headache sometimes whether it is in the short term or long term, it catches on. Debt management services...Read More
With its busy way of life and the high cost of living, Dubai can occasionally cause a strain in a person leading to various debts that the majority of other locals have whereas they find themselves as they struggle to make ends meet. Paying credit cards, personal loans, car loans, and all other financial issues...Read More
The luxurious lifestyle emanated in Dubai is usually accompanied by financial difficulty and most people residing in the area find themselves trapped in numerous debts. Working on credit cards, personal loans, car loans, among other financial debts can soon turn out to be a difficult burden to bear. Debt consolidation can be a realistic solution...Read More