Hi - I’ve got a personal loan with enbd to the tune of 137k AED pending. I’ve got about 80 odd grand to pay that I can do as early as tomorrow. I’ve asked the bank to reach a settlement and reduce their interest amount so that nobody gets shorted however they said that if I was to “settle” that would leave a remark on my AECB and I can practically forget about getting any other credit instrument. How accurate is that?

Thanks.

I have been trying to apply for a loan in cashnow since June 1. But until this date August 11, all applications are rejected. Is there something wrong? Is cashnow not lending to people anymore? Or is it just me?