The National published an article on financial experts answering queries to help readers tackle their debts.

Together they will answer queries in a weekly online column to help readers better tackle their debts. And at the session this week, they called for further regulation of the UAE’s banks to help prevent UAE residents, such as Mr Khan, from becoming over-indebted.

Here is what one of the resident in debt had to say:

“I have three loans with three different banks. One is a salary transfer and two are without salary transfer. I also have three credit cards,” he told The Debt Panel, an initiative from The National, at its first meeting this week in Abu Dhabi.

For full article go to The National.