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

  • Date: 05-May-2021
  • Source: The National
  • Sector:Financial Markets
  • Country:UAE
  • Who else needs to know?

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

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.