Classification of Loans in UAE
Loan Classification in UAE Any bank’s primary objective is to take deposits from customers and lend the money to individuals & companies. Once a bank has lent or…
ReadWhat is DBR or Debt Burden Ratio?
What is Debt Burden Ratio? You might have heard bank sales executives talking about DBR. “Sir, your loan is declined because your DBR is more than 50%.” Then…
ReadUAE Al Etihad Credit Bureau – All you wanted to know!
Al Etihad Credit Bureau (AECB) – What, How & Why Al Etihad Credit Bureau(AECB) is backed by Federal Government of UAE. It was established as the official credit…
ReadUAE Central Bank Regulations Regarding Bank Loans and Credit Cards (Download PDF)
Central Bank of UAE Rules for Personal Loans, Credit Cards, Car Loans etc UAE Central Bank(CBUAE) regulates Banks, Financial Institutes, Money Exchange companies etc in the UAE. CBUAE…
Read6 hidden Credit Card costs that Banks will not tell you!
Hidden costs of Credit Cards! The ubiquity of Credit Cards is such that, I’d be surprised if anyone in UAE does not have one!! Most residents in UAE…
Read10 ways to use your Credit Card rightly!
Use Credit Cards in right ways…. Never exceeding 40% of your credit limit has a very beneficial effect on your credit score. This shows your credit limit is…
ReadIs your Credit Card right for you?
Choose a suitable credit card for you…. A credit card offers convenience and safety along with well packaged privileges and benefits. Different credit cards have different and unique features….
ReadUseful tips to manage your Credit Cards!
How to best manage your Credit Cards? A credit card is a useful tool, when managed judiciously but a lurking danger if you mismanage it. One of the…
Read19 actionable tips to minimize Credit Card Fraud!
How to prevent Credit Card fraud? Credit card fraud/s have become so rampant that it is does not anymore evoke the kind of interest it used to! Everyday…
Read3 important things you should know about credit cards!!
What you need to know about credit cards?? A credit card can help you build a strong credit history, provided you know your limits and options and commit…
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