Car loan

Name: Qatar Living Classifieds
Rating: 4.1 (228 reviews)
Author: Qatar Living

I have been applied for a car loan for a second hand 4X4 with a leading bank. The Bank asked for full cover insurance certificate before loan approval and I given to them. After 2 week later bank again requested for guarantor and 20% down payment. I said I could not produce a guarantor and down payment as I am new in Qatar (4months). Now it turned to 30% down payment and no guarantor.

Why bank rising these issues after a month and I spend money for insurance.
Please advise some one, that what I can do now. Any legal actions or loosing insurance money

Share : Share

4 comments Sort by rating

By sunivs• 5 Nov 2009 14:58

now branch manager said bank will not tell to take a insurance before loan approval and he need time to study my case.

By boer• 5 Nov 2009 14:45

Quite frankly if they asked me for insurance before approving the loan, I would tell them to take their loan and shove it right up where the sun don't shine.

By shaheka143• 5 Nov 2009 14:34

This is Qatars Bank. Welcome to Qatar LOL Hahahahahahaha..........:)

By _noms_• 5 Nov 2009 14:15

did u try speaking to the Top Manager?!

More from Qatar Living

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

This guide brings you the top apps that will simplify the use of government services in Qatar.

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!

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

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

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

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

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.

My account

My saved ads

My saved searches

Logout

Car loan

More from Qatar Living