PPRuNe Forums - View Single Post - Leaving the UAE with car and property loans outstanding
Old 22nd Aug 2020, 10:39
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Farrell
The Cooler King
 
Join Date: Feb 2004
Location: In the Desert
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Originally Posted by BOEMBUS
"advice each other how to do a runner on loans..."
I am in no way condoning running out on a loan.
Am simply clarifying what the real situation is here.
The bigger issue is folks hugely overextending themselves on credit cards and finance.
Bitching about being fired is indeed annoying as everyone who comes here knows that it can all end in a few days.
This should not come as a surprise. There are numerous examples on these forums going back over a decade.
But people will still risk it borrowing 400000 AED for a Landcruiser on 40000 AED a month with 30000 AED expenses.
It's ridiculous when you think about it since as pilots, good decision-making is an expectation
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