Yes, debt management services can be sought from any place in the world by providing us your authorization. We then approach banks on your behalf, seek payment plans for you, discuss with you, take your approval and agree on settlement plan with the bank.



A credit report is a record of your payment history for each of your debts viz, credit cards, loans and other credit facilities along with your payment and bounced cheque history. The information is reported by your creditors. It shows how much debt you currently have, when you made payments over time, and whether or not you paid back your loans.



A credit score is a three-digit number that indicates how likely are you to make your credit cards and loan payments on time. Basically, this is used to assess the credit risk for any consumer.
The number lies between 300 and 900 and represents a borrower’s creditworthiness. The higher the number, the less risk you present to a lender. A rating above 700 is considered a good credit score in the UAE.

In the UAE, the Al Etihad Credit Bureau (AECB) is responsible for issuing credit scores. The organization was set up in 2014 to bring transparency to financial transactions in the country. The AECB puts together a credit report of financially active residents in the country by compiling data from loan, mortgage, credit card transactions and phone bills. Consequently, any UAE resident with any of these to their name will have a credit report and a credit score.



This is a process that combines all your monthly debt repayments into one payment. The main aim is to reduce the installments to provide financial relief to the consumer. Debt consolidation itself is not a specific product, but a term used to represent all processes that aim to achieve this goal.



A consolidation loan is essentially a large personal loan used to pay off smaller loans. This loan is typically given at a high interest rate which often makes it an expensive option to take. Credit providers will generally check to see if you have the following: High credit score, no arrears on your accounts and sufficient debt affordability*.

*Affordability is how much money you have left after paying for all household expenses & debts.

Consolidation loans can help you to reduce monthly debt repayments if you have short-term debt with high interest rates. If you have a home loan, vehicle finance or long-term debt, this solution may not be the best for you. If you are over-indebted, you are unlikely to qualify for a consolidation loan.