Lost Job.

LuckyM
By LuckyM

Hi All,

I lost my job, and have to go to my country (lil urgent),
I have a car loan and personal loan. Have full intention of paying every riyal to them and am sure of getting job offers. but for now i want to leave the country.

can i find a guarantor for these loans until my return? if yes what are qualification for a guarantor.

please share your ideas, what are the best options... am gonna talk to bank about this. just want to take an idea from you guys before that...

Thank you all.

By LuckyM• 31 May 2011 22:30
LuckyM

Thank for your comments... i was just trying get info and options before i approach the bank.... and most of you thought i am asking someone to be a guarantor.

By Transporter1• 30 May 2011 01:19
Rating: 2/5
Transporter1

and if brit wana leave in near future, sure he will get many on ql ;b

By itneverends• 30 May 2011 01:09
itneverends

I'll be his.. Will you be mine :P

By britexpat• 29 May 2011 07:43
britexpat

The guarantor can then get another guarantor if he wants to leave the country ..

By anonymous• 29 May 2011 07:42
anonymous

Actually u can leave the country if there is a guarantor.

However, the guarantor will be banned from leaving the country. and if u did not come back he will be the one in trouble.

So unfortunately, i don't think that even a friend would do u that favor how about a stranger???

as the ppl says, get rid of the Car.

as for the personal loan, it's always negotiable with the bank specially when u r kicked out.

before leaving the country, do you have NOC??? cuz if u don't u gonne be banend for the next 2 years from entering the borders of Qatar.

If you do have, find a job first before you leave.

transfer ur sponsorship to the new employer and then go on ur trip.

if you are unable to pay off your loans and unable to get NOC. You better go to Human rights.

I believe they MIGHT have solution

By Vegas• 29 May 2011 01:22
Vegas

Just find another job ASAP

They won't let you leave country with outstanding debts

By itneverends• 28 May 2011 23:26
itneverends

hey Lucky..

What car have you got.. Let me know if you have a plan to sell your car... anytime..! cheers..

By anonymous• 28 May 2011 22:22
anonymous

Dont ever try to give a guarantor, dont put others in to trouble, instead talk to your bank and negotiate something with them.

I am advising you since I did the same process.

By ukentcme• 28 May 2011 21:07
Rating: 5/5
ukentcme

sell your car and i certainly believe that you've gain some good old friends...if they are truly good then they'll serve as your guarantor other wise they are your best friends for they'll wait til u come back and help u start over again...break a leg!!!

By britexpat• 28 May 2011 20:12
Rating: 5/5
britexpat

Cars can be bought anytime. So , the best option is to sell the car and pay off the loan.

As far as the personal loan is concerned, try and find family/or friend who will lend you the money and pay that off also.

By Simply Jazz• 28 May 2011 20:10
Simply Jazz

Goodluck! Hope you'll be able to find a helping hand...

By galloper48• 28 May 2011 19:34
galloper48

if you can not pay now; there will be a travel ban imposedd to you so you won't be able to board the plane

Regards!!

By beth30• 28 May 2011 18:09
beth30

no more HERO TODAY!

By pinned_19• 28 May 2011 17:22
pinned_19

dont u think it sounds bit strange and wierd, well why dont u sell it and pay the bank before u leave, since u hve hopes of gettting job again u can buy another once u return back.

By LuckyM• 28 May 2011 17:10
LuckyM

Do you really think a stranger will accept to be an guarantor.. its gonna be a person whom i know and who trusts me. and i dont want him to may my loan either.

By nawraselali• 28 May 2011 17:08
nawraselali

what guaranty u will give to the guarantor, the car or what...?

By AngelinaBallerina• 28 May 2011 17:00
AngelinaBallerina

So you want a stranger to pay off your loans???Eeerrr I'm out....

Log in or register to post comments

More from Qatar Living

Qatar’s top beaches for water sports thrills

Qatar’s top beaches for water sports thrills

Let's dive into the best beaches in Qatar, where you can have a blast with water activities, sports and all around fun times.
Most Useful Apps In Qatar - Part Two

Most Useful Apps In Qatar - Part Two

This guide brings you the top apps that will simplify the use of government services in Qatar.
Most Useful Apps In Qatar - Part One

Most Useful Apps In Qatar - Part One

this guide presents the top must-have Qatar-based apps to help you navigate, dine, explore, access government services, and more in the country.
Winter is coming – Qatar’s seasonal adventures await!

Winter is coming – Qatar’s seasonal adventures await!

Qatar's winter months are brimming with unmissable experiences, from the AFC Asian Cup 2023 to the World Aquatics Championships Doha 2024 and a variety of outdoor adventures and cultural delights.
7 Days of Fun: One-Week Activity Plan for Kids

7 Days of Fun: One-Week Activity Plan for Kids

Stuck with a week-long holiday and bored kids? We've got a one week activity plan for fun, learning, and lasting memories.
Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Wallet-friendly Mango Sticky Rice restaurants that are delightful on a budget

Fasten your seatbelts and get ready for a sweet escape into the world of budget-friendly Mango Sticky Rice that's sure to satisfy both your cravings and your budget!
Places to enjoy Mango Sticky Rice in  high-end elegance

Places to enjoy Mango Sticky Rice in high-end elegance

Delve into a world of culinary luxury as we explore the upmarket hotels and fine dining restaurants serving exquisite Mango Sticky Rice.
Where to celebrate World Vegan Day in Qatar

Where to celebrate World Vegan Day in Qatar

Celebrate World Vegan Day with our list of vegan food outlets offering an array of delectable options, spanning from colorful salads to savory shawarma and indulgent desserts.