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Consolidate Your Debts Into One Manageable Payment Plan
Managing multiple payments can be overwhelming. Express Debt Management helps clients convert multiple payments into a single payment with a very low interest rate. Debt consolidation is a very effective and ideal way to tackle debts. Most individuals and businesses have multiple loans and credit cards with different due dates spread across the month which makes it challenging for them to keep up consistently. Express Debt Management has a very strong network with all major banks and financial institutions in the UAE. After reviewing our clients’ multiple liabilities and discussing with our network of banks, we provide them with the best debt consolidation options. We not only simplify the process but also successfully achieve multiple deviations for clients with lower credit scores. When many clients apply for a consolidation loan also known as a buyout loan, from different banks in their own capacity, their loan application often gets rejected. The main reason for rejection was the lack of initial analysis of their current financial debts and credit report. We at Express Debt Management review each client’s credit report and identify the issues before presenting any official application to the banks. By doing this we can rectify many financial drawbacks and strengthen the case, significantly increasing the chances of bank approval. Additionally, we offer a one-stop service, allowing clients to avoid approaching multiple banks. Instead, we approach various banks on their behalf, presenting a much stronger case with the highest success rate. Certain criteria must be met for an individual or a business to be eligible to apply for a consolidation loan. These include the salary amount, the employer, the duration of the employment, credit score, recent history of payments toward existing liabilities, and the debt burden ratio (DBR). Without a complete understanding of these important components, debt consolidation can become stressful. When clients approach us looking for debt consolidation services, we firstly review every single detail to check their basic eligibility. If anything prevents them from being eligible, we find different ways and apply financial tools to make them eligible over a period of time. Proper planning and execution can make this process highly successful and effective.