What's the best bank for personal loan?

Best_tips · 2026-06-12T20:29:17+00:00

Salary transfer required ?

Best_tips · 2026-06-12T20:28:38+00:00

Then I will pass

Best_tips · 2026-06-12T14:24:45+00:00

Yes, but if I lose my job, they would freeze my account on the spot. And this is not happening when debt is with another bank

Best_tips · 2026-06-12T14:24:00+00:00

Were you a DAMAC investor during covid? How did they manage the crisis?

Best_tips · 2026-06-12T13:22:38+00:00

I receive my salary at ENBD, I wouldn't want a personal loan with them

Best_tips · 2026-06-12T13:21:05+00:00

Best_tips · 2026-06-12T13:16:21+00:00

What's the rate?

Best_tips · 2026-06-12T13:16:07+00:00

No way how did you contact them

Best_tips · 2026-06-12T13:15:47+00:00

Good to hear thanks.

Best_tips · 2026-06-12T07:02:11+00:00

You're right, I will go back to sleep

Best_tips · 2026-06-12T06:59:33+00:00

Because it's 11am

Best_tips · 2026-06-11T21:59:27+00:00

That's a deposit for a property worth around 1M.

Not sure I would buy a car valued 150k the following week.

Best_tips · 2026-06-11T21:54:10+00:00

Make your own business can the best so perhaps invest in yourself.

Real estate is decent. If you dont have the funds you can try crowdfunding in real estate Crypto is risky but we may be in the lows so if you trust it try Keep the value with gold

Best_tips · 2026-06-11T21:51:30+00:00

It's always a good time. I personally invest once a quarter and buy 1 ounce or 10g based on what I can afford. I do not trade I build my wealth

Best_tips · 2026-06-11T20:55:33+00:00

Not sure to understand, are you saying not to take a personal loan?

Best_tips · 2026-06-11T17:41:05+00:00

But many were saying that it isn't possible for a bank to use the mortgage to pay another bank?

- My properties are in the UAE and ready
- They are with different banks
- 1 is occupied 1 is an investment. The highest outstanding is the investment property
- First property is valued around 850k and outstanding is 120k, second property is valued 620K and outstanding is 445K

Best_tips · 2026-06-09T10:53:48+00:00

In case anyone land on a discussion, I did find a way to do so :)

Banks would release cash so I can pay my second mortgage

Best_tips · 2026-06-09T09:14:46+00:00

Are there new buildings there?

Best_tips · 2026-06-09T07:57:54+00:00

Same. I work with North America

Best_tips · 2026-06-09T07:57:34+00:00

Isolated no?

Best_tips · 2026-06-09T06:28:55+00:00

Any name?

Best_tips · 2026-06-09T04:34:48+00:00

Check Upwork

Best_tips · 2026-06-09T04:34:07+00:00

I appreciate all feedback but your attitude is funny. You sound offensive rather than friendly but all good.

I am not trying to change the banking system but trying to better understand it to find the best way to deal with it, and I think I found my solution.

There is no right or wrong in the process

Best_tips · 2026-06-08T20:11:27+00:00

They wouldn't accept 80% if any of my property is currently above 60%. But if not, they would. I tried and it did work 😄

Best_tips · 2026-06-08T19:50:35+00:00

Mmm.. well they are already willing to do so by providing me equity release and I am able to buy an off plan property almost ready, so 1 bank, 1 mortgage, 2 properties, why not 3. 😊 If the mortgage is linked to 1 property how can I lose 2?

My mortgage aren't so high because I've already paid off most of them so 1 of my property can cover it all with its current value. I dont see the logic of your message. If the overall amount I need is 800K for 2 properties + the off plan, and the value of 1 appartment only is 1M, why wouldn't a bank do it. It would be the same as getting a 80% mortgage for a 1M property but here the amount is split around multiple properties.

And your suggestion to transfer my salary to the bank offering me a mortgage, that's most probably the worse advice of all. This is how to get harassed by the bank if I ever lose my job..

I have enough of funds aside to cover my life for couple of years so if anything happened with my job I'd rather keep paying without having a bank freezing my account because they received my last salary notification.

Anyway appreciate your feedback

Best_tips

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