Currency Converter UAE
Currency Converter UAE

Category: Bank News

Liv Credit Card
Bank News
Money Mall Team

Liv Personal Loan

Liv personal loan is on testing phase, Recently Liv Bank just invited selected group of users to avail and test liv personal loan product After Successful testing Liv Personal Loan product will be offered to Existing Liv account holders meeting all the credit criteria such as Monthly Salary above 6,000 per month,

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Top 5 Factors that affect your Credit Score in UAE

At present, Your Credit Score has become very important in UAE, Banks decide your eligibility for loans, credit cards, and other products based on your credit score and report. Many unexpected businesses are looking to credit score and deciding what your creditworthiness is, large corporate employers are also started checking your credit history, as per recent news a Real estate companies also checking your credit score before giving an apartment on rent, There are hundreds and many factors that affect the credit score. Meanwhile, we take look at the top 5 factors that affect your credit score. 1. Payment History 2. Credit usage 3. Age of credit history 4. Types of credit 5. Recent credit inquiry /applications Payment History Payment history is the most important part of your credit score, Globally it decides the 35% to 40% of your credit score. If you had lent some money from a lender the first question you will hear is “When you will return it”? So the longtime on-time payment will be best for your credit scores. While missing a payment could hurt them. Serious repayment issues, like write-offs, collections, bankruptcy, repossession or foreclosure can devastate your credit score, which may also make

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Deem Finance official logo
Bank News
Money Mall Team

Deem Finance

Deem Finance offers Smart financial solutions at your fingertips with Cash Up Credit Cards, Miles Up Credit Cards and Personal Loans.

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Bank News
Money Mall Team

How to Check your Credit Score in UAE?

What is my Credit Score? How to check your Credit Score in UAE?
AECB office in either Dubai or Abu Dhabi will provide you Credit score while you visit, you need to provide your Emirates ID and other Identification documents along with a request form.

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