Banking

Losing a job can be a daunting experience, especially when it comes to managing financial obligations like loan repayments. In the UAE, many individuals wonder if they can receive assistance from their banks during such challenging times. This article explores the options available to borrowers who find themselves unemployed and how the Involuntary Loss of…

Losing a job can be a daunting experience, particularly when you have ongoing financial commitments such as loans. Many individuals in the UAE face uncertainty regarding their loan obligations after being laid off. This article explores what happens to personal loans when employment ends, the options available for relief, and the implications of defaulting on…