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UAE debtors on the tough road to solvency – (THE NATIONAL)

Image portraying the process of monthly debt repayments, emphasizing the importance of consistent and timely payments in managing financial obligations.

Surviving Debt: UAE Challenges & Vin Nair’s Journey

UAE residents with excessive liabilities are common, and for those committed to paying off their loans and credit cards there are challenges such as having no access to credit.

Vin Nair calls himself a survivor.

Having accumulated deep debts, he paid off what he could and struck a deal with the bank to restructure the rest when he could no longer keep up with the repayments.

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