Posts

Showing posts from January, 2020

Pick up best personal loan in Dubai to cater to your financial needs

Image
According to the experts, personal loans are usually borrowed for money that may be mostly used for large purchases, get rid of financial problems or also supplement costly occurrences. In fact, these loans may be paid back in monthly installments in course of two to six years but it may take a long period of time depending on circumstances and also how meticulous you turn out to be in making payments. Undoubtedly, it is beneficial in certain instances and when used or even paid back in the best possible way. Below are a few steps you should follow to apply as well as secure personal loan: Make consolidation of debt Debt consolidation is the most common rationale given for taking out personal loan. You may imagine carrying out multiple loans or even outstanding credit cards that have due balances as well as interest rates. This is where the personal loan in Dubai may step into for your financial need. While applying for loan as well as using it for debt consolidation, you m...

Different Types of Credit Cards in UAE That Makes Life Easier

Image
A credit card in 2020 is more than just about making purchases. Thanks to exciting offers, deals, and discounts offered by banks and financial organizations issuing these credit cards. If you are looking to buy a credit card, then you must first know what type of credit card suits you the most. There are different types of credit cards in UAE each with its unique features and benefits. So, you must know your needs well, before applying for the best  credit card in Dubai .    Different types of credit cards  No one knew that plastic money would shower us with so much benefits. Today we value credit cards more than currency notes. The reasons are obvious! 1. Credit cards for entertainment benefits  No matter how busy we are in our lives, we crave for entertainment, fun, and laughter. So, we engage ourselves in various types of entertainment like movies, plays, events, etc. But Dubai is the place of lavish and luxury lifestyle. To avail ent...

Personal Loan in Dubai Is Easy to Avail

Image
Facing a financial crunch is common when you are living in Dubai. It is always wise to take personal loan when there is a wedding or other occasions like wedding, travel, or anything else. Personal loans are the best form of short term credit. It is very easy to access personal loan in Dubai as there are many public and private sources offering quick and hassle-free services. However, in banks the test for eligibility is stringent. You have to submit a huge pile of documents along with the proof of identity and age, income statement, etc. For NRIs and other foreign nationals, the process is much more complicated. Due to the recent financial downturn, it has become a bit difficult to get loans from banks and commercial public entities. Hence, there is a great demand for private money lenders for financial help. But, the interest rates are very high!!! But they are a great option when you have poor credit history or credit score. Not all private money lenders in Dubai are a f...

5 Tips to grab the best credit card in Dubai

Image
Wanted to save money every time you swipe your credit card? Well, then you must go for cash back credit card or reward cards or credit cards specific for airport transfers, Golf offers, Valet parking offers and so on. Willing to checkout credit card offers? Well, that will really confuse as each credit card comes with unique features and lucrative perks. But, you definitely would not want to have all types of credit cards in your pocket. So, here are few tips to help you choose  best credit card in Dubai . 1. Are you eligible? Many credit card issuers offer special bonuses  only  to cardholders who don’t already have a similar credit card or who haven’t opened too many cards recently.There’s little sense in applying for a credit card that you’re going to be denied for, or that you won’t be able to earn rewards bonuses for because you’re already a customer. Make sure you know these rules before you apply. 2. Can you fulfill the spending requirement? Many...

Things to Know Before Buying a New Car

Image
Buying a dream car is one of the most significant investments in our life. So, intense planning is important before buying the car.  If the dream car is in the desired budget, then nothing can beat the feeling of joy at that moment. Else you may have to worry about credit score and easy ways to access finance loans. If your car is not within your budget, then a car loan or personal loan in UAE is the best option for you and you need not give up on buying your dream car.  Read on to some of the things before buying your dream car. Why a personal loan? A personal loan is the cheapest way to buy a car provided you have an adequate credit score. If this need is met, then any bank or finance lender will be able to give a loan to you. Make sure that valuable assets are not secured against this loan. It is better to wait for a few more days to buy your car or access other options where you can take a loan on 0 EMI and do not have secure valuable assets. Car loan  Vehic...

Facts About Personal Loan in UAE

Image
Whether you are looking for a lucrative job or a massive business growth, UAE is the top-notch hub for people across the globe. Dubai is a most-preferred place for a luxurious and lavish lifestyles. If planning to buy home, car or set up a new business, you must apply for loan in UAE . There are wonderful financial opportunities for both Muslim and non-Muslim local residents, so there is nothing to worry about it. But, before applying for home or personal or car loan, read on to know the facts about loans in UAE. Mortgages You can avail of affordable property mortgage because there are many banks in UAE offering loans in real estate. The processing with mortgages may require 2 to 3 weeks. It is better to discuss all the terms and conditions with your bank beforehand. Your company should be at least 3 years old If you want to apply business loan, then make sure your business is set up in UAE for at least 3 years. But, again the credit conditions in each bank may...

Pick up the best credit card in UAE to make appropriate finance decision

Image
With over two hundred credit cards to opt for, the borrowers in UAE seem to be spoilt for option. In fact, choice also is quite confusing especially in regards to introductory offers, interest rates, cashback offers, rewards and so on. Here are a few things you should follow while choosing the best credit card in UAE, else you will have risk of high charges. Check out APR In UAE, credit card is best for spending on short term basis and the card lenders charge competitive rates that range between more than 2 percent to over 3 percent and it is charged on monthly basis. Id compounded up to annual percentage rate, all these numbers can soar to as high as more than 32 percent and also over 45 percent respectively. Make sure you pick up the best credit card in UAE  that offers good perks as well as rewards. Decide what benefits you want If you are quite sure that you clear credit card debt every one month, concentrate on benefits it provides. All types of cre...