A recent study has shown that 5 out of 10 people in the UAE are in debt and 3 out of 10 people are not being able to save money. Falling into debt is something most people suffer from which
How to Get a Loan with Bad Credit?
Are you suffering from bad credit and want to apply for a new loan? Check out ways to get a new loan even if you have bad credit and how to improve it. What does it mean to have bad
Why Banks Reject Your Personal Loan Application
Have you ever applied for a personal loan and it got rejected? Check out below the reasons why banks reject your loan application and how to avoid it in the future. 6 Reasons Why Banks Reject Your Personal Loan Application
Credit Card Vs Personal Loans : Which One Should You Get?
When you’re looking to acquire debt, there are two chief options to choose from: Credit Cards or Loans. Now, there’s no easy answer to which one’s a better or superior option. The key lies in examining your financial situations, reviewing
Why Your Personal Loan Application Got Rejected
Everyone has had instances in their life when their expenses have outsmarted their income, or when there has been an unfortunate occurrence, or the need for a big investment has arisen, or there is simply a requirement of extra funds.
How to Keep a Good Credit Score?
Credit score isn’t just a figure; it is a direct testament of your credibility. It is one of those numbers that you’d always want to keep high if you want to be in the good books of loaners, banks, and
What is Debt Burden Ratio (DBR)?
Planning to apply for a personal loan, car loan or even a new credit card? Well, before diving into the debt game, you will need to explore one main basic criteria, ‘What is Debt Burden Ratio (DBR)?’ DBR is a
Flat Vs Reducing Interest Rates
Planning on applying for a loan soon? Well, before you do, we suggest you familiarize yourself with the two types of interest rate options you might be offered - flat vs. reducing interest rates. This could extend to anything ranging
We believe that personal finance should be accessible to everyone. You should not need a background in banking to understand which credit card, bank account, loan, or insurance policy is best for you. We believe that you should be able to make your own informed decisions when you compare and find products online on BankOnUs.