-
Tips for a Successful Settlement Plan
- August 31, 2021
- Posted by: Sarbavoum Bidhar
- Categories: Debt settlement programs, Financial Services, home loan repay, Loan restructuring program, Mortgage Debt Management
No Comments
-
Unable to pay off your Home Loan? Tips to Renegotiate with the Bank to Lower the Debt Payments
- April 20, 2021
- Posted by: Minhaj Mehmood
- Categories: Financial Services, home loan repay, Mortgage Debt Management
-
Tips to Make Mortgage Debt Management Easier
- February 9, 2021
- Posted by: Jaya R
- Categories: Financial Services, Mortgage Debt Management
The debt trap is a reality. It was evident in a recent Standard Chartered survey published in UAE’s leading newspaper in December 2020. [MK1] In the survey, millennials (aged 25-44) were asked what they would do if the government gave them Dh 5,000 without any obligations. An overwhelming 45% of respondents said they would use the money to pay off debt or cover living expenses. Nearly 34% of the millennials said their borrowings have increased over the past month.
-
Debt Effects-Making Sense of Cents- Loan restructuring program
- December 28, 2020
- Posted by: Jaya R
- Categories: Financial Services, home loan repay, Loan restructuring program, Mortgage Debt Management
Let’s face it – with the rising inflation and cost of living, it’s not unusual to find oneself in a debt trap. Unforeseen circumstances like a salary cuts, job loss, delayed receivables, can make it even more challenging for borrowers to manage their big-ticket debts such as a Home Loan. According to a survey, three out of every five UAE residents are debt laden.
