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Latest news from Qatar
insurance money
Car loan
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
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