The Debt Panel: ‘I can’t return to the UAE and my debts are piling up’

SourceThe National
SectorFinancial Markets

For a number of years, I maintained a good relationship with the banks that I have accounts with in the UAE and never missed my credit card repayments.

At the beginning of the movement restrictions in the UAE in March last year, I was on annual leave in my home country of Pakistan and was unable to travel back to the Emirates to resume my job.

In April 2020, I received a letter from my company informing me that my job had been terminated due to the global Covid-19 situation and travel restrictions.

Since then, I managed to pay a few instalments on more...