unpain loan in saudi arabia bank

Last activity 08 January 2015 by riazcdki

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mesaismaNew member06 January 2015 14:01:23

i work in saudi arabia for 4 years and i have unpaid loan in the bank because i was terminated by the company, it was 2 years now. now i have a offer in saudi again do i face any problem if i am going back? please suggest..

riazcdkiSerial expat06 January 2015 14:09:26

900

Hello mesaisma,

This issue has been discussed in a lot of detail on this Forum. I suggest you go through these posts, you will get all the answers.

I will summaries the facts for you, I do not know why many expats feel that since their employment was terminated by the employer, they themselves are not responsible for repayment of loan. This is not true.

mesaismaNew member08 January 2015 09:41:08

i want to continue the payment since i have an offer in saudi, what is the best thing to do?

mannydSerial expat08 January 2015 11:44:04

309

you can continue paying the dues in the bank. you need to pay them once you are back.

riazcdkiSerial expat08 January 2015 17:16:00

900

Mesaisma,

You must proceed to KSA and join your current employer without any worry. With in a week when you visit your bank , you will be surprised that the sum you owed will have most probably doubled in the last 2 years because of penalties and multiple interest.

This is the time when you can ' renegotiate' your repayment schedule.

I wish you good luck in your new job, for peace of mind get this issue behind you asap.

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