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Car Loan

Suffer 58 percent of the citizens of the Emirate of Abu Dhabi under the bank debt, according to a survey for 2013 released «Department of Economic Development». She drew the department said in a statement that this percentage fell one percent of what it was in 2012 at 59 percent. And monitoring the poll education, loans and depreciation expenses, and showed that the average household spending Zpianih reached 46.7 thousand dirhams ($ 12.7 thousand) on education in 2013, and AED 4377 and AED 1128 on mobile phones and fixed respectively. According to 34 percent of heads of households surveyed reported that they switched their mobile phones constantly, and confirmed 32 percent of whom they are buying their cars through bank financing.

The results of the survey indicated that the proportion of personal loans have become a burden and pressure on the large families in the time expected about 47 percent of them high monthly expenses during the first quarter of this year. The results indicate that the largest percentage of the loans are spent on car financing at a rate of about 61 percent through 2013.

According to the results of the 2013 survey, about 25 percent of those surveyed have received loans to buy a house for the family and across eight percent of them for other objectives was to provide the wedding expenses. The survey also confirms the stability of the general price index during 2013 compared with 2012, recording 74.5 points compared to B74 point during 2012. The cross-heads of households believed a slight increase in the prices of food commodities during 2013 and of grain, meat, oils and fats, dairy products, sugar, with the stability of the sample expressed in clothing prices during 2013 and the sense of high about the long-term prices of consumer goods.

He Zpianih family conditions for 2013 poll that recognize citizens to changes in the prices of food commodities moving in the same direction with the results of the consumer confidence index, and with the rise in the price indices for retail issued by the Center for Statistics Abu Dhabi With global food prices issued by «FAO».

He emphasized family conditions Observatory The theme of personal loans and non-performing debt of citizens is one of the notable issues that attaches great importance to the state, where it came form a distressed debt fund an initiative to address contribute to alleviate this heavy burden.

With regard to the problems faced by families in inhabited areas, said about 82 percent of employers citizens families that they do not suffer from any problems, while 18 percent said only that they suffer from it. Came the western region of Abu Dhabi among the most areas where the population is facing problems, as reported in about 41 percent of them do so, while the figure was 16 percent in the city of Al Ain and about 15 percent in Abu Dhabi region.
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