Some 73% of UAE residents are in debt to their banks. That’s the latest figure to come from a compareit4me.com survey, which reveals credit cards top the list at 57.2%. Of those polled, 45% admit dealing with their debt is highly stressful but almost all are planning to spend more as the festive season approaches. The report also details how 15.8% of respondents have made late payments, or even missed them completely. Jon Richards, CEO of compareit4me.com, shares how banks in the UAE are adjusting to assist consumers with bad debt.
Listen
Dubai confirms air interceptions in Marina, Al Sufouh
UAE arrests another 25 for posting misleading content online
One injured as authorities contain fire at Fujairah Oil Industry Zone
Sharjah contains fire at commercial facility in Al Sajaa Industrial Area
Fire contained at Ruwais Industrial Complex after drone strike on Tuesday
Abu Dhabi contains fire at construction site in Al Mushrif
UAE secures return of 6000 nationals amidst regional developments
കുർദിസ്ഥാനിൽ കോൺസുലേറ്റിനു നേരെയുണ്ടായ ഡ്രോൺ ആക്രമണത്തിൽ ശക്തമായി അപലപിച്ച് യുഎഇ
