Can I keep my car loan active by providing a guarantor to the bank for 6 months?

shaunxperia
By shaunxperia

Dear QL users,

I will be moving to UAE very soon, in a month may be. I am having a car loan here. Can I keep my car here in Qatar for at least 4 months by introducing a guarantor to the bank? Is it possible to come back to Qatar with enough money to close the loan and drive my car to UAE with all my home appliances?
Please guide me friends!
Note: I am having my UAE license.

By shaunxperia• 26 Jul 2013 12:08
shaunxperia

Thanks for your continued support friends but does anybody knows about introducing a guarantor to the bank???

By max11• 26 Jul 2013 02:44
max11

Why dont you just sell the car or transfer it to someone else??

By seasons• 23 Jul 2013 20:22
Rating: 4/5
seasons

Your company will not be able to cancel you if you have a car registered under your name..

By galloper48• 23 Jul 2013 20:18
Rating: 5/5
galloper48

If you are leaving Qatar for good then you need a clearance letter from the bank. And to get it you must repay all credits/loans on your name. Otherwise you won't be able to leave.

Better go to the bank and ask them about choices and a pay plan.

Regards!!

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