Credit card debts are relatively costly since those that are incurred in Dubai are dear and the interest rates imposed on unpaid balances are also high. If left alone, the debt can complicate and in some times it can end up with high tensions of stress as well as can lead to some legal consequences....Read More

Debt management is never easy, with demands being high all the time and the cost of living being expensive even in a city like Dubai. Debt consultant will be useful for you if you have lost control, therefore the specialist will provide you with the advice and the specific recommendations. Here is a list of...Read More

Financial obligations may not be easy to handle especially in a lively city like Dubai; living expenses are on the higher side, and before you know it, you have so many things to pay for. Whether a credit card debt, personal loans, or business related finances; you need to be able to regain control of...Read More

Debt consolidation gives creditworthy applicants a chance to manage multiple debts which can be overwhelming at times. It embraces borrowing of several amounts of cash or unexpired obligations and coming up with a single equilibrium that is normally at a lower rate of interest or more time to pay. Therefore in Dubai where the financial...Read More

One of the issues of interest in Dubai is managing credit or debt or both since many people, especially expatriates, struggle when it comes to managing their expenses, acquiring personal loans and credit card debt. Debt strategies are defined plans in Dubai for dealing with outstanding debts that may be implemented with the help of...Read More

Irregularity in the economy can affect debt management in a major way especially in an emerging economy such as the UAE. As observed, the country grossly depends on oil revenues and equally by virtue of its openness it is vulnerable to global shocks and thus understanding how these impacts the management of debt is important...Read More

The experience of dealing with overwhelming debts can be worrisome and therefore challenging. In the UAE there exist recognized legal avenues which allow the individuals or the business entities to seek for legal remedies as pertains to debt relief. There are two fundamental forms of debt relief, which are bankruptcy, and debt settlement. As indicated...Read More

Economic risk influences individual and organisational financial conditions in terms of stability. Like other nations of the world, the UAE has undergone economic shocks occasioned by periods of low oil prices, stagnant economies, and other factors compounded by COVID 19 in the recent past. These crises have also brought the issue of how to balance...Read More

Much of the credit information in the UAE is provided by the Al Etihad Credit Bureau (AECB), which collates information from other credit providers such as banks. Credit scores are from 300 to 900 wherein the higher the number the better credit position an individual has. These determinants of your credit score are payment history,...Read More

One aspect that entails professional approach is the management of the finances since stability in this area is always important and even more so in the context of the region which is the UAE and where the economy changes its tempo constantly. Below are simple and sound budgeting tips, debt management and types of repayment...Read More