Why is Your Foreign Credit Report Important?
AECB through its partnership with Nova Credit and with your consent, can instantaneously translate your international credit data into a UAE equivalent score and report format familiar to UAE lenders, who use it to evaluate your application.
How it Works
Have you recently received an email requesting access to your foreign credit report?
. .STEP 1
Are you a New Expat in UAE?
AECB enables new expats like yourself to increase your eligibility by providing lenders with visibility on your foreign credit report.
. .STEP 2
Apply for a Credit Facility
As part of the lender process, you will be required to provide access to your foreign credit history.
. .STEP 3
Unlock your Foreign Credit Report
The lender will ask AECB to obtain your foreign credit history by sending an email to you requesting your consent to access your foreign credit report.
. .STEP 4
Retrieve Your Foreign Credit Report
After completing the verification process and within a seamless secured transaction, your foreign credit report will be instantly shared with you and your lender.
. .STEP 5
Lender Reviews your Credit History
Your lender will then use your foreign credit history to assess your credit application.