‘Why does bank of­fer me a credit card but re­fuses a per­sonal loan?’

7 Days in Dubai - - DEAR 7 DAYS -

“The banks make more money from you on the CC, they will rather have you max the card out and cap­i­tal­ize on the high in­ter­est rate. Banks here are the worst, when it comes to ethics.”


“There is noth­ing ethical about banks. The ad­vice I of­fer you is that no mat­ter how des­per­ate, don’t take any loan on the credit card, you’ll be doomed forever.”


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