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Old 02-17-2018, 02:49 PM   #11
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SO BASICALLY UAE BANKS ND CREDIT CARD COMPANIES DONT HAVE ANY HOLD ON PEOPLE LEAVING THE COUNTRY WITH DEBT?
PEOPLE CAN EASILY GETAWAY WITH DEBT/
Not exactly, You got that wrong.
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Old 02-17-2018, 02:53 PM   #12
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Not exactly, You got that wrong.
Your more concern about banks. People don’t run away if they have job and the capacity to pay. It’s just happen they are in bad situation.
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Old 02-17-2018, 03:10 PM   #13
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Your more concern about banks. People don’t run away if they have job and the capacity to pay. It’s just happen they are in bad situation.
Exactly, nobody becomes a willful defaulter, it is just the circumstances and situation which puth them under such option to miss payments. You can take enough time to read all my posts and show me where did you find my concern for banks. The question you asked was inappropriate and blunt, it depends totally on bank, liability amount, missed payments, Emirate and visa status. So, without you mentioning any of this and asking such question is inappropriate.
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Old 02-17-2018, 03:30 PM   #14
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Exactly, nobody becomes a willful defaulter, it is just the circumstances and situation which puth them under such option to miss payments. You can take enough time to read all my posts and show me where did you find my concern for banks. The question you asked was inappropriate and blunt, it depends totally on bank, liability amount, missed payments, Emirate and visa status. So, without you mentioning any of this and asking such question is inappropriate.
Sorry admin don’t you worry I’m not referring I just reply it to your message by mistake .
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Old 02-17-2018, 03:48 PM   #15
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Sorry admin don’t you worry I’m not referring I just reply it to your message by mistake .
Alright.
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Old 03-13-2018, 02:02 PM   #16
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Exclamation Re: Leaving the country with unpaid debt

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Exactly, nobody becomes a willful defaulter, it is just the circumstances and situation which puth them under such option to miss payments. You can take enough time to read all my posts and show me where did you find my concern for banks. The question you asked was inappropriate and blunt, it depends totally on bank, liability amount, missed payments, Emirate and visa status. So, without you mentioning any of this and asking such question is inappropriate.
HI,
Once Again i am here with my new question.
i had a credit card from dubai first which was utilized full, and i missed the payment and the next month they charged me a dozen of penalties due to which my CC gone over limit and in Minus.
next 2 more months same happened
now my Qs is till how long dubai first keeps sending statements with Dozens of panalties and charges? isnt there any limit to it or END?
i have dubai visa,
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Old 03-13-2018, 03:40 PM   #17
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HI,
Once Again i am here with my new question.
i had a credit card from dubai first which was utilized full, and i missed the payment and the next month they charged me a dozen of penalties due to which my CC gone over limit and in Minus.
next 2 more months same happened
now my Qs is till how long dubai first keeps sending statements with Dozens of panalties and charges? isnt there any limit to it or END?
i have dubai visa,
Never they would stop as the statements you receive are system generated and you would automatically receive them unless and until you have closed down the email id.
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Old 03-14-2018, 05:25 AM   #18
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Never they would stop as the statements you receive are system generated and you would automatically receive them unless and until you have closed down the email id.
Yes those are system generated, but not just mare statements, that is the amount bank will claim END OF THE DAY,
So why isnt there any limit set to this practice,
if the card limit is 15000 they cannot keep on adding charges (apart from interest) and make the amount infinite....
and even if they make it infinite and case happens, how much i am liable to pay?
or if they trace me ion home country how much i have to pay or is it possible to settle with collection agencies there? how much those agents charge?
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Old 03-14-2018, 04:17 PM   #19
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Yes those are system generated, but not just mare statements, that is the amount bank will claim END OF THE DAY,
So why isnt there any limit set to this practice,
if the card limit is 15000 they cannot keep on adding charges (apart from interest) and make the amount infinite....
and even if they make it infinite and case happens, how much i am liable to pay?
or if they trace me ion home country how much i have to pay or is it possible to settle with collection agencies there? how much those agents charge?
They might make the amount infinite but what they can claim at the end is only the limit amount which is bounced on the cheque issued to the bank when applying to liability.
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Old 03-15-2018, 06:45 AM   #20
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They might make the amount infinite but what they can claim at the end is only the limit amount which is bounced on the cheque issued to the bank when applying to liability.
But if they offer consolidation, the amount due in total is considered.
like 15000 limit+charges & penalties e.g 19000.
so 19000 is converted into another easy payment plan lets say 24 months.
not the 15000.
as per your info they can claim only 15000 when a case is filed or cheque is bounced.

also i remember that dunia took a blank cheque from me and loan amount was 33000 and they filled the cheque 42000.
what might be reason for that.
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