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Debt Repayment is a worry, but not a deliberate attempt by the people to default on loan payment. We all could get into some form of financial debt at once in our lives. For this, it is true that some...
For years, Indian expatriates who have been living in the UAE, have been working their way into paying debts and balancing their work lives. This has often happened without the timely intervention of ...
Thriving in a small, yet powerful, fast-moving nation like the UAE requires one to be very thoughtful about Debt Management skills. However, there are still situations when debt comes our way, and we ...
A good debt management plan needs no introductions – as it is meant to make your debt restructuring plan a lot easier. We understand everyone needs their fair share of loans to reach their dreams. How...
In 2022, a new financial law amendment in UAE has brought immense relief to the individuals who have suffered the impact of bounced cheques. With the new law in force since Jan 2, 2022, get to plan a ...
Ideally, people ensure their loan commitments are at manageable levels as a percentage of their salary. However, with COVID-induced pay cuts, some people are paying as high as 80% of their salaries to...
The Challenge Facing Borrowers who Have Left the UAE Expats who had steady income pre-COVID-19 suddenly found themselves in an unpleasant situation due to the pandemic. They had either lost their jobs...
When you issue a cheque to someone, you are expected to honour it. A bounced cheque falls under criminal law in the UAE and can lead to fines and penalties. Bounced cheques can also lead to civil proc...
When COVID-19 hit the UAE’s economy, like the rest of the world, one of the badly affected sections was those who had planned to start their new business. People had exhausted their savings or even ta...