Go Back  British Expats > Living & Moving Abroad > Middle East > The Sand Pit
Reload this Page >

Loan advice please- Desperate

Loan advice please- Desperate

Old Aug 31st 2009, 6:33 am
  #1  
Just Joined
Thread Starter
 
Joined: Aug 2009
Posts: 3
InTrouble is an unknown quantity at this point
Default Loan advice please- Desperate

hi everyone,

Does anybody know of any loan companies in Abu Dhabi that offer short term loans to Residents?

Got made redundant, started new job after 3 month gap. now in the shit and need loan payable back over 6months to 1 year

thanks in advance for any advice/contact numbers
InTrouble is offline  
Old Aug 31st 2009, 6:34 am
  #2  
BE Enthusiast
 
Euc-'s Avatar
 
Joined: May 2009
Posts: 857
Euc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond reputeEuc- has a reputation beyond repute
Default Re: Loan advice please- Desperate

So you want to take a loan to cover another loan.

Yeah, that sure will keep ya out of trouble. Why not try to resolve it with the bank? Now that you've found a job they know you've got money coming in so probably they're willing to listen.
Euc- is offline  
Old Aug 31st 2009, 6:45 am
  #3  
Go on.. Pull my finger..
 
TGFKASE's Avatar
 
Joined: Jul 2008
Location: Dubai
Posts: 5,692
TGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond reputeTGFKASE has a reputation beyond repute
Default Re: Loan advice please- Desperate

Originally Posted by InTrouble View Post
hi everyone,

Does anybody know of any loan companies in Abu Dhabi that offer short term loans to Residents?

Got made redundant, started new job after 3 month gap. now in the shit and need loan payable back over 6months to 1 year

thanks in advance for any advice/contact numbers
What kinda figure are you looking for??
TGFKASE is offline  
Old Aug 31st 2009, 6:50 am
  #4  
Just Joined
Thread Starter
 
Joined: Aug 2009
Posts: 3
InTrouble is an unknown quantity at this point
Default Re: Loan advice please- Desperate

Hi

Ideally looking for aed 50k over 6 months, i know i will get hit with big interest but more important to get myself on even keel.

Cant find any listing of lenders anywhere
InTrouble is offline  
Old Aug 31st 2009, 7:22 am
  #5  
Powered by cows
 
Autonomy's Avatar
 
Joined: Jul 2004
Location: currently Dubai, ex UK
Posts: 4,581
Autonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond reputeAutonomy has a reputation beyond repute
Default Re: Loan advice please- Desperate

Originally Posted by InTrouble View Post
Hi

Ideally looking for aed 50k over 6 months, i know i will get hit with big interest but more important to get myself on even keel.

Cant find any listing of lenders anywhere
citibank offered me a short term loan - but as i didn't want or need one I didn't take them up on it. You may have to be an existing customer though....
Autonomy is offline  
Old Aug 31st 2009, 12:16 pm
  #6  
Lost in BE Cyberspace
 
Joined: May 2008
Posts: 5,125
busybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond repute
Default Re: Loan advice please- Desperate

banks will give you whatever term you need, 6 months 18 months whatever, i knew someone who wanted a year one but because they only had 8 months left on their visa that is all they were allowed, but when we went to get a loan from adcb you tell them what months you want it for and then they will just calcuate it out for you.
busybee2 is offline  
Old Aug 31st 2009, 3:26 pm
  #7  
Lost in BE Cyberspace
 
Joined: Jul 2007
Posts: 13,553
The Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond reputeThe Dean has a reputation beyond repute
Default Re: Loan advice please- Desperate

I'm so worried about getting into debt that I'm paying back money I haven't even borrowed.
The Dean is offline  
Old Aug 31st 2009, 6:04 pm
  #8  
BE Forum Addict
 
Joined: Jan 2008
Posts: 1,869
seven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond reputeseven seas has a reputation beyond repute
Default Re: Loan advice please- Desperate

Originally Posted by The Dean View Post
I'm so worried about getting into debt that I'm paying back money I haven't even borrowed.
I'm so calculating about debts I'm owed that I'm worried about money I haven't even lent.
seven seas is offline  
Old Sep 1st 2009, 11:12 am
  #9  
Forum Regular
 
Joined: Aug 2009
Posts: 160
Bungdit Din is on a distinguished road
Default Re: Loan advice please- Desperate

Originally Posted by busybee2 View Post
banks will give you whatever term you need, 6 months 18 months whatever
depends on what business you're in... many banks still not lending to people in risky businesses like construction, property etc. much stricter qualifications before lending too, not like the old days where they threw money at anyone who wanted it... all to the good for Dubai's future but maybe not so good for the OP.
Bungdit Din is offline  
Old Sep 1st 2009, 7:23 pm
  #10  
Lost in BE Cyberspace
 
Joined: May 2008
Posts: 5,125
busybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond reputebusybee2 has a reputation beyond repute
Default Re: Loan advice please- Desperate

Originally Posted by Bungdit Din View Post
depends on what business you're in... many banks still not lending to people in risky businesses like construction, property etc. much stricter qualifications before lending too, not like the old days where they threw money at anyone who wanted it... all to the good for Dubai's future but maybe not so good for the OP.
no some people in construction do get a loan but they do have to shop around
busybee2 is offline  
Old Sep 1st 2009, 9:27 pm
  #11  
Once a blue Always a blue
 
Tiger989's Avatar
 
Joined: Dec 2008
Location: Abu Dhabi, United Arab Emirates
Posts: 480
Tiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of lightTiger989 is a glorious beacon of light
Default Re: Loan advice please- Desperate

Originally Posted by InTrouble View Post
hi everyone,

Does anybody know of any loan companies in Abu Dhabi that offer short term loans to Residents?

Got made redundant, started new job after 3 month gap. now in the shit and need loan payable back over 6months to 1 year

thanks in advance for any advice/contact numbers
You can't if you dont have a visa. Your best luck is to try with your current bank. As to take a new loan you would need a letter from your employer(saftey net for the bank) and a copy of your passport visa etc... Otherwise the whole of britain came here on visit visa took out a loan and went back to england
Tiger989 is offline  
Old Sep 2nd 2009, 7:19 am
  #12  
Forum Regular
 
Joined: Aug 2009
Posts: 160
Bungdit Din is on a distinguished road
Default Re: Loan advice please- Desperate

Originally Posted by busybee2 View Post
no some people in construction do get a loan but they do have to shop around
i know, that's why I said many banks, not all banks... still not looking good for OP though.
Bungdit Din is offline  
Old Sep 2nd 2009, 10:30 am
  #13  
If I have to explain...
 
Roadking's Avatar
 
Joined: Sep 2008
Location: Where ever the road takes me
Posts: 3,999
Roadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond reputeRoadking has a reputation beyond repute
Default Re: Loan advice please- Desperate

Originally Posted by Bungdit Din View Post
i know, that's why I said many banks, not all banks... still not looking good for OP though.
Either he got his loan and in no longer in trouble..


..or they repossessed his laptop!
Roadking is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.