Ask Experts Questions for FREE Help !
Ask
    ahk_12's Avatar
    ahk_12 Posts: 1, Reputation: 1
    New Member
     
    #1

    Feb 17, 2011, 01:12 AM
    Can I make my exit with personal loan
    I have a personal loan and credit balance in UAE. Until now, I have paid my installments without delay. Mean time I've got an good offer from Qatar and hope to join them. I know one solution is produce a guarantor. Some say this might give me difficulties.They say- Without informing bank, I can leave and but keep paying without any delay. But I have a doubt when I make exit here, whether bank can stop me at airport. Please advise me.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Feb 17, 2011, 04:46 AM

    I don't know UAE law, so you should check with someone familiar with their banking laws. But I don't know of any laws where you would not be allowed to emigrate while there is still a balance on a loan.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Auto loan converted to personal loan with same monthly installments (72 mo.) [ 1 Answers ]

Topic: None Chosen Your Question: "I have a auto loan converted to a signature loan due to the bank not receiving the car title, so they converted it to a persoanl loan. Once the bank did that my auto loan (secured loan) just became a personal loan (unsecured loan) but yet the months of...

Personal Loan [ 1 Answers ]

I live in California and have loaned someone $1000.00. They signed a paper stating they would pay it back and have not yet done so and it seems as if they have no intent on doing so. Is this considered GRAND THEFT and if not what would it be called? Thanks!

How to exit an auto loan from a bank. [ 2 Answers ]

Am no longer able to afford my auto loan. Between jobs. Balance on loan exceeds value of SUV. What options do I have. :o

Personal Loan [ 1 Answers ]

I am a small company looking for a personal loan. I have bad credit and the company has only been around for 7 months. I am looking for $8,000.00 over 3 years and am willing to pay a high interest rate. I would like the loan to be unsecured but am willing to put the Equipment I own up for...


View more questions Search