Job Lost and Personal Loan

Hanifz
By Hanifz

Does any one know about repayment of personal loan in case of losing a job in Qatar. What about if the company terminates your services and you still need to repay the loan.

By chmarkh1981• 8 Mar 2009 17:54
chmarkh1981

FOR KUTCH IF YOU KNOW THAT QATAR PRISONS DO HAVE AIR CONDITIONED.....I THINK YOU HAVE SPENT SOME SUMMER DAYS THERE .... :-)

By the-birdie• 8 Mar 2009 06:37
the-birdie

Dont worry about words from those regular visitors in Qatar Jail ..... lol..... ( just kidding )

There is a clause in your loan agreemnet, which gives insurance. Do you have a Credit card statement ? At the end of the stateemnt, you can see "Shield".... this is the coverage from any crtical situation ,,which included loss of job

pls check

By kutch• 8 Mar 2009 05:34
kutch

WRONG! There is Air condition in Qatar prisons but it smells curry badly :)

By alaaelalfi• 8 Mar 2009 03:50
alaaelalfi

Hi ..

your answer depends on " YOUR LOAN AGREEMENT ".. most of loans in doha .. you pay 1.5% to 2.5% insurance..

this insurance includes termination from your work .. please go for your bank and check the loan agreement .. and if you have visa , american express .. you can claim also for ur termination case .. i wish you good luck ..

By chmarkh1981• 8 Mar 2009 01:40
chmarkh1981

What about if the company terminates your services and you still need to repay the loan.

THE ANSWER IS EASY....YOU GO STRAIGHTFORWARD TO PRISON AND THERE IS NO AIR CONDITIONED IN QATAR JAILS

By bleu• 8 Mar 2009 01:06
bleu

you took the loan, you still need to repay it...

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