Where Can I Use Car Title As Collateral For Loan?

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Where can I use car title as collateral for loan? Jan 31, 2008
Hi,

I need around 30,000 AED. I have excellent credit rating from the U.S. I'm not employed and I don't have any business history in the UAE. I'm willing to put up my car title as collateral. My car is easily worth more than 30,000 AED. Does anyone know where I can get this kind of loan?

I've already contacted some banks, but the bank personnel have no idea how to handle cases that do not exactly conform to their procedures.

Any help appreciated.


Thanks,

msafi
Dubai Forums Enthusiast
Posts: 57

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Jan 31, 2008
The barman in my local used to make me surrender my car keys before he'd serve me another drink.... Is this the same sort of arrangement?
craigindubai
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Posts: 315

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Jan 31, 2008
Have you tried Barclays Bank?

They have huge signboards advertising that they offer loans to new arrivals in Dubai
KeithL
Dubai Forums Veteran
Posts: 1140
Location: Dubai

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Jan 31, 2008
find loan shark or sell car
scarlet
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