Credit debt

So nice of you Equi ...................... Good input.

.

Shame on you too WT, as per Brit standard .............

Here are the options:

1. Speak with the bank to reschedule your credit card outstanding. You can also request them to stop the interest accrual hence forth.

You can amortize the outstanding on monthly affordable installments.

2. Another option is the sell off this outstanding to another bank, provided your company is approved with the buyer bank, as well.

Brit, it looks like he cannot afford to pay back. So the other option for him is jail time.

omar: Shame on you .... Leading him astray

Pay or don't pay, or get someone else to pay.

The third options is the best, but to find someone could be difficult.

Max out the credit card. Go out of the country and never come back to the GCC area again

Try to flee by boat.

Perhaps he wants advice on doing a runner :O(

The only "option" is to pay. The other "option" is jail.

What do you mean by "options" ?

My suggestion would be to stop using the card and talk to your bank about a repayment plan.. Don't just pay the minimum each month ...

No options, just pay back the debt. Even if you run, if you ever go through GCC airports you will get caught, even if you are passing through. this is the new system that is implemented across GCC.