Risks of tak­ing out a bank loan in the UAE are no se­cret, says let­ter writer

7 Days in Dubai - - ENTERTAINMENT -

“Mark you are stat­ing the ob­vi­ous, which never helps any­one. If life were that easy where peo­ple could avoid tak­ing loans I’m sure they would do so.”


“Well said, the sys­tem was never a se­cret and yet peo­ple choose to look above it and choose to fancy up their lives. As for Marks Mark. Head out late night to a club scene in Dubai on a Fri­day night and smell the plas­tic burn. Peo­ple are ad­dicted to their credit card … It’s not about avoid­ing and it’s more about con­trol.”


“Well said. You’re right it’s not a good sys­tem, but it has evolved out of the fact that al­most every­one is an ex­pat. Al­ways have a plan B and don't take a loan you can’t af­ford or you are ask­ing for trou­ble.”


Newspapers in English

Newspapers from UAE

© PressReader. All rights reserved.