Personal Loans Guides

We summarized the regulations that govern your personal loan eligibility and the things you must do before submitting your loan application. Read More
Up to your neck in debt? As intimidating as it may sound, approach your bank for a solution. Here's a step-by-step guide to help you negotiate a repayment plan with your bank. Read More
Think it's easy to be an adult?.. But are you navigating the world of grown up finance with the same ease? Make 'adulting' a cakewalk with these tips to secure your financial future. Read More
Up to your neck in debt? As intimidating as it may sound, approach your bank for a solution. Here's a step-by-step guide to help you negotiate a repayment plan with your bank. Read More
Total personal debt in the UAE is a whopping AED 350 billion. How much of it is your share? Souqalmal.com's latest survey evaluates the debt situation in the country and how residents are coping with it. Read More
Ever wondered how your credit score is calculated and how it affects you? Here are some of the top misconceptions and the truths behind your three-digit credit score. Read More
We constantly hear or read about expats struggling with debt in the UAE. How can you avoid becoming the next victim? Here are three common debt traps that you should steer clear of. Read More
Looking to apply for a personal loan? Here are 6 tips you can use to improve the chances of getting your loan application approved. Read More
Personal loan insurance has many names: Credit Insurance, Payment Protection Insurance (PPI), Loan Shield Insurance and many others. We explain what personal loan insurance is and whether or not you should get it Read More
Your debt-to-burden ratio (DBR) is an important factor that will determine your ability to receive a loan and the financing amount. Find out how you can calculate it. Read More
What are some of the reasons that a bank may reject a personal loan application? Find out and make sure that you meet all the eligibility criteria Read More
If you earn a salary lower than AED5,000, there may be a few financing options available to you. Find out what they are and what you need to be aware of when availing these options Read More
Souqalmal.com allows you to compare personal finance products and personal loans in the UAE from banks in Dubai and Abu Dhabi and the other emirates. Read More
Until you understand the difference between flat rate or reducing balance you cannot decide if a loan advertized at 18% or 24% is more expensive... Read More
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