Personal loan

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Pegycove New member

Member since 15 September 2018

PegycoveNew member15 September 2018 12:58:22

I am 59 years old saudi fransi bank reject my application because of old age 59. What can I do

XTang Bahrain/UAE/Saudi Arabia Expert

Member since 22 April 2014

XTangBahrain/UAE/Saudi Arabia Expert16 September 2018 13:11:19

11818

Try with another bank.

But the unfortunate situation is that the older you are in this part of the world as an expat; really counts against you. Even iqama renewal becomes tricky at 60 if you have a work visa as you are counted as two expats.

With absence of any tangible retirement options for expats here, the banks see this proposition as risky.

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