Picture for illustrative purposes only.


UAE credit passports to help Filipino, Indian expats get loans, credit cards

A new Credit Passport has been launched to help new expatriates in the UAE, including Filipinos, Indians and British citizens, apply for financial services, such as loans and credit cards.

The Credit Passport by Al Etihad Credit Bureau (AECB) is a collaboration with Nova Credit, and helps newcomers in the UAE leverage from from their credit history in their home country.

With the Credit Passport, a bank can assess a new expat’s profile, credit history and credit behaviour that will be used to help support the individual’s credit application in the UAE.

The Credit Passport is now available for AECB subscribers with history in countries including Philippines, India and UK. Other countries will be added to the list soon. ICA/Expat Media

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