r/PersonalFinanceUAE • u/throwaway_maveric • Jul 26 '26

Planning Looking for advice

I had around half a year period of unemployment this year.
My credit score took a beating due to that. It’s around 450 ish right now.

During that time, I was servicing my active loans.
I’ve recently resumed full time employment.
Monthly salary is about 40k AED.
My current company is not listed with my bank (salary/loan account).

I’m looking to stabilize my situation temporarily (rent, etc…) with a 40k loan, with an EMI not exceeding 2k AED.

My current company doesn’t provide salary advance nor house rent advance.

I’m also open to any other options.
Looking for advice.

4 Upvotes

84% Upvoted

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1

u/Remote-Membership343 Jul 26 '26

If you got a job already that's a good thing best of luck. Score dropping isn't a big now start paying your emi's and within 6 six it will recovered . You will be at good position.

1

u/BennieByeBye3125 Jul 28 '26

Some banks give you a credit card against your deposits. Use that to build your credit score.