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Abu Dhabi – Mubasher: Union Bank for Credit Information has asked bank customers to update their personal data stored with banks that process them accurately.
The company said, citing "Emirates Today", that customers should also check their credit reports from time to time, to determine the extent of eligibility for loans, credit cards or any other other installation.
The company noted that their personal data registered with the banks had an impact on the information contained in the credit report.
She pointed out that obtaining a high evaluation number has many advantages when entering into contracts with banks or other institutions, including obtaining financial statements. 39, a good deal in terms of interest rate and others.
Today, the periodic survey of the Central Bank of the United Arab Emirates indicates that it plans to increase credit in all its forms during the last quarter of 2018.
A central survey revealed an increase in the demand for business loans in the state in the third quarter of 2018, while the demand for personal loans declined slightly.
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