Nov
05
Can I get a personal loan some way other than banks?
By
I am getting a salary of AED 7000, Due to some personal problems in my family I took some credit card loans. I got stuck up with dues like maximum amount of my salary goes to credit cards.
I am in need of a loan amount of AED 45000 to sort this out.
Can anyone suggest me where I can get this money other than banks coz in banks the minimum eligible salary is AED 10000 for a personal loan in dubai right now.
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2 Comments
November 6th, 2009 at 8:22 am
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November 8th, 2009 at 3:31 pm
Avoid all the replies to your question with yahoo or other free webmail addresses. Those are scams that will take your money in one way or another.
I do not know about Dubai, but if they have credit counselors, it would help for you to see one. It should be free or nearly free. If there is no such thing where you are, then you need to write to your creditors explaining what your salary is, and how it would be impossible to repay your debts (if this is actually true). They may work with you on a repayment plan, as the alternative is for them to get nothing. And cut up your credit cards now, they would only get you further into debt.