Credit card settlement

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Re: Credit card settlement

by Dontyouworry » Fri Mar 01, 2019 7:42 pm

Vhadie wrote:
Fri Mar 01, 2019 5:31 pm
I had a outstanding of 150000 AED ( 4 banks)when I left Dubai in may last year, last time checked the outstanding has moved to 230000 AED in a matter of 9 months

Last nine months I was jobless and could not negotiate for settlement but now I am getting calls about a consulting job in one of the bank

How do I negotiate settlement I can pay a token amount for all four credit card to start with and can maximum pay 5k to 6k AED a month

How much can I reduce the settlement in negotiation and will that affect my contract with the bank (through a consulting company)

How quickly can I solve the problem and return to work in UAE

If you can help in negotiation with all the four banks what would be your fees
To start with, you should first know that to avail any job in a bank in the UAE now, there is a ECB (ETIHAD CREDIT BUREAU) check which bank does before appointing one. ECB check reveals financial details of liabilities on one individual across the UAE in every bank and also has updates of defaults. You should first make sure that the bank you are approaching should not have such check or will be a problem for you. About the settlement, we do not deal with banks at all, as settlement with bank is just continuity of a regular liability and nothing much. You can email me at contact@uaedebtsolutions.com and will figure out the required solution for your situation.

Credit card settlement

by Vhadie » Fri Mar 01, 2019 5:31 pm

I had a outstanding of 150000 AED ( 4 banks)when I left Dubai in may last year, last time checked the outstanding has moved to 230000 AED in a matter of 9 months

Last nine months I was jobless and could not negotiate for settlement but now I am getting calls about a consulting job in one of the bank

How do I negotiate settlement I can pay a token amount for all four credit card to start with and can maximum pay 5k to 6k AED a month

How much can I reduce the settlement in negotiation and will that affect my contract with the bank (through a consulting company)

How quickly can I solve the problem and return to work in UAE

If you can help in negotiation with all the four banks what would be your fees

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