UAE residents struggling to meet their financial obligations are now more open to seeking help as a result of The Nationals Debt Panel column, a round-table discussion revealed yesterday.
During the session, The Debt Panel One Year On, delegates discussed how the stigma surrounding personal indebtedness has eased since the launch of the advice slot 12 months ago.
The National launched the online column last May after being inundated with letters from chronic debtors seeking a solution. Since then the panellists, a line-up of four financial experts, have advised dozens of borrowers on the best way to solve their financial woes.
“We have brought it to peoples attention that it is OK to ask for help, rather than just have the shame of ho…
Read the full article at: http://www.thenational.ae/business/personal-finance/debt-panel-helps-reduce-personal-debt-stigma-in-uae