Legal Loan

How can I get an Urgent Loan of 100,000 AED or more?

Have you found yourself short of personal cash, investment capital, or working capital for your business?

Looking for urgent funds on a short term basis, of AED100,000 or more?

Seeking large cash loans in the UAE can be a difficult task. When you need to access AED100,000 or more, the traditional option for you is a Personal Loan:

Personal Loan from the bank

What does the regulation say?
Banks cannot offer you a personal loan that is greater than 20 times your monthly salary. This can be difficult, especially for start-up businesses, and even established entrepreneurs. And unfortunately, the requirements don’t stop there.

The banks must also factor in your Debt Burden Ratio (DBR) when assessing the ability to lend to you. The UAE Central Bank ruling is currently 50% DBR. What this means is to be eligible for a large loan your total current debt repayments cannot exceed 50% of your total monthly income.

Another factor is credit score. By applying for a personal cash loan in the UAE, banks will have to check your credit history to assess how much you already owe, and whether you have missed repayments in the past. This search will leave a mark on your credit file and can negatively affect your score.

On top of all this, the process to secure a cash loan of a large amount can be a drawn out and time consuming affair.

Sometimes we need cash right away, and our other personal/ business circumstances dictate that a bank loan is not suitable.

sign document loan

What can I do if I need AED100,000 Urgently?

We understand the situation you are in. NorthLadder was founded on the belief that people should be able to access funds, whether small or large, in a matter of minutes or hours rather than days or weeks.

We also believe that you shouldn’t have to go through the credit checking process and paperwork in times of urgency. Afterall, it’s an emergency and time is critical.

That’s where our unique Buyback business model comes in.

How does NorthLadder help me access a large Cash Loan Urgently?

We offer you the option to sell your high value items, maybe that is your Luxury Watch or even your Vehicle.

You simply enter an Instant Quote request on our website with the details of what you want to sell, and we go to work. Using our network of certified and registered partner dealers, we shop around for the guaranteed best price for your Luxury Watch or Vehicle and come back to you within hours with a quote.

If you are happy with this, you then simply come to your nearest store where your item is inspected, certified, and confirmed for payment. We have partners in locations across Dubai, Abu Dhabi and Sharjah

Don’t want to leave home? No problem!

We have recently launched Buyback @Home Service – where we come to you and complete the process at your convenience. So now you can access our service across the UAE including  Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah.

When the inspection is complete, your funds are transferred on the same day with no credit checks, complicated paperwork, or hassles.

We are the first and only BuyBack option for Luxury Watches and Vehicles that is 100% safe and legal!

Safe, Secure and Stressfree!

Our service is fully regulated and approved so you don’t have any worries when accessing large cash loans in a matter of hours. We have paid out up to AED750,000 in a single deal, to customers who need money when it matters most.

How do I access my AED100,000 or higher loan?

Simply click below to complete the Instant Quote form, and we’ll guide you every step of the way!

BuyBack Sell

Where can I sell my watch for cash in UAE?


The UAE’s luxury watch market is a booming one, with the lavish lifestyle of Abu Dhabi and Dubai providing immense opportunity for luxury brands: luxury goods markets in the UAE have helped to promote these cities as desirable shopping destinations to shop for luxury brands.

Residents in the UAE are growing in market knowledge and we now have an inquisitive consumer population in the Middle East that see Watches as much more than just a timepiece. With the ever increasing demand for top brand watches such as Rolex, Patek Philippe, Audemars Piguet, Breitling, consumers are increasingly paying more attention to residual value, rather than just the brand or product itself.

Why would I want to sell my Luxury Watch?
Luxury Watches are more than just a timepiece. A top class watch makes a statement and tells a story about who you are, what your values are, and where you are going in life. But sometimes, your Watch may have reached the end of it’s useful life and has gotten old, and you simply want something new. Maybe you just need fast cash and don’t know what options are available to you in the UAE.

What if I don’t want to lose my Luxury Watch for good, but I’m short of cash?
Maybe you need short term funds in an emergency, but you love your Watch and don’t want to part with it. In this case “pawning” it may be the correct option.

When you pawn a Luxury Watch, you sell it to a store and are given the opportunity to buy it back off them within a certain time frame, in order to get your Watch back.

There are some advantages to this:

  1. No credit check
  2. No co-signer required.
  3. All you need is collateral (the Watch) to guarantee the loan.
  4. It won’t affect your credit score if you can’t make the repayment. If you can’t buy back, the pawnbroker will appropriate it and sell it on.

However, this industry has a bad reputation in some areas, so there are disadvantages to be aware of:

  1. Many times, the lender can offer a very low price, and you have no alternative.
  2. Interest rates can be exorbitant. This is the case with unscrupulous lenders who buy Luxury Watches and charge high interest, often breaking law.
  3. Your Luxury Watch can get damaged if not correctly stored or taken care of
  4. And, worst of all, it can also be tampered with.

Is there a safe way to sell my Luxury Watch and get it back later?

Here at NorthLadder – we listened to our customers’ concerns on the disadvantages of pawning or selling a watch in the UAE, and created the first and only Buy Back option for Luxury Watches that is 100% safe!

How do I sell my Luxury Watch for quick cash with NorthLadder?

It’s as easy as 1, 2, 3!

Enter your Fine Luxury Watch details (Brand, Series, and condition description) and select when you want to Buy it Back.
We reach out to our network of local and international dealers to get your the Highest price to Sell your Watch now and have the option to Buy it Back within 30 to 60 days for a nominal service fee.
Bring your Watch to one of our verified and authorised specialist dealers. They will complete an expert inspection, safely pack your watch in our specially secure and tamper-proof package and store this safely in their vault. We then wire cash to your account on the same day.

Get the best price for your Luxury Watch

When you request a quote we instantly contact our broad network of Quality Luxury Watch Dealers across the UAE, and within a few hours, they will return to us with the most competitive price in the market for your Watch. We shop around so you don’t have to!

100% Safe and Authenticated

Our partner stores go through a rigorous selection process, and we only work with certified expert watch dealers. A master craftsman will inspect and certify your Watch before you sell.

After selling, your Watch is completely protected against damage and tampering through a special sealed package. The Dealer will hold it in a secured storage facility until your BuyBack date. Nobody will have access to it until you return to Buyback, and that’s guaranteed!

This is NOT a Loan

You are selling your asset to an Authorised and reputed dealer who is licenced to buy and sell pre-owned luxury assets. We provide you with an Option to return and BuyBack your asset at a pre-agreed price. Because you have an Option, but NOT an Obligation, you have complete flexibility to either extend your BuyBack date or simply do nothing – after all, you already sold your watch at the highest dealer price and got your cash up-front

No Paperwork, No stress, No pressure to pay back

What’s next?

Simply Sell your Luxury Watch with us, and Buy it Back later.

With 8000+ deals done and a 87% customer return rate, join thousands of happy customers who have discovered just how easy it is to get quick cash through NorthLadder!

Get a Free Instant Quote by clicking below:


How to get a loan with bad credit in UAE

credirt issues

The UAE’s banking sector is a booming one, with banks offering an array of financial products. With the UAE’s world-class lifestyle, the easy availability of loans can be tempting but it is important to borrow wisely so that you can stay in control of your finances.

Here is all you need to know about getting loan in UAE with bad credit score.

Key eligibility factors for getting loans in the UAE
If we have a total weightage of 15…

The UAE uses a credit score to check the financial health of a loan applicant. The credit score is a three-digit score provided by Etihad Credit Bureau. The higher the score, the higher the probability of getting a loan approved. You can get your credit report on Etihad Credit Bureau’s website or app, and it will cost you Dh140.

Another factor that can affect your loan eligibility is your debt burden ratio (DBR). Central bank regulations make it mandatory that one’s DBR should not exceed 50 percent of his/her total monthly income.

  • Minimum salary eligibility.
  • Your company is not listed.
  • Your Employment status.

So, we can see that the most important factor for getting a loan approved in UAE is Credit Score. Getting a bank loan in the UAE is not a big deal if you have a good credit score. But if you have a bad credit score, you may have only a few options to choose from, and you will probably have to pay much higher rates of interest.


So are there private money lenders for bad credit in UAE?

First, it is important to understand the factors that may cause you to have a low credit score:

  1. Zero Credit History
  2. Late Payments
  3. Bounced cheques
  4. Negative civil judgments
  5. Maxing out credit cards

A poor credit score does not mean that you cannot get a personal loan. There are many private money lenders and few banks, but obviously, it will cost you much more.

Fortunately there are a number of available options to get a loan on bad credit or a loan without credit checks in UAE:

  1. Banks
  2. Peer to Peer lending
  3. Lending using Credit Card
  4. Credit Union
  5. Selling your personal items for Cash

Let’s discuss the pros and cons of each method.

1- Banks

UAE banks have a very strict policy regarding bad credits, and usually they don’t provide unsecured loans. There is a list of documents required to apply for a personal Bank loan:
Emirates ID: you should have a valid passport with valid residence visa.
The bank may need a salary transfer, if so, then a pay transfer letter will also be required.
You should also have the latest 3 months Bank statement with salary credits.
Some banks may also ask for post-dated cheques for security reasons.

Here is a list of Banks in UAE that offer loans:

Noor Bank Personal Loan
Minimum salary required AED 5000
Mandatory Salary Transfer
Flat interest rate of 3.49%
Reducing Interest rate of 6.33%

ABCD Personal Loan
Minimum salary required AED 5000
Mandatory Salary Transfer
Flat interest rate of 3.45%
Reducing Interest rate of 6.25%


Deem Finance Personal Loan
Minimum salary required AED 5000
Salary Transfer not mandatory
Flat interest rate of 8.81%
Reducing Interest rate of 15.99%

CBD Personal Loan
Minimum salary required AED 8000
Mandatory Salary Transfer
A flat interest rate of 3.03%
Reducing Interest rate of 5.50%

As we can see, these banks have strict requirements. If you are seeking a loan with bad credit in the UAE, a Bank is probably not your best option.

2- Private or Peer-to-Peer Lending

The main idea that comes first to your mind when in need of extra cash is asking a friend/ family member, or colleague. This works sometimes but not always, especially when you need a larger amount of cash. In this case, private lenders are another option for you. There are many private lenders in UAE that provide loans to persons with bad credits, but usually, their interest rates are much more than banks.

You can also go for online money lenders as well. Many online lenders use a model called peer-to-peer lending, where multiple individuals provide all or part of the loan, rather than having it come from the bank.


3-Lending using Credit Card

If you have a credit card, it can be the equivalent of an asset. You can get a loan against your credit cards or get cash advance options in the UAE.

Many residents seek credit cards without providing bank statements or minimum salary, but it is not advisable to take out a loan against your credit card if you are in this position, as it is provided at a very high-interest rate which can be a huge burden.

As some ‘must follow’ points to keep in mind:

  1. Always read the fine print and keep a copy for future reference.
  2. Don’t be in a rush, look for all the options from different lenders before making a decision.
  3. Be prepared for a rainy day (Always ensure you have enough money for the next six months of installments as savings in the bank).
  4. Beware of hidden charges, when applying for a loan.
  5. Get the best interest rate and check if it is a flat rate (interest-based on principal amount) or reducing balance rate (interest based on the balance amount that needs to be repaid but the interest rate could be higher)
cash offer

4- Selling your items for Cash

As you can see above, for many years there has not been a suitable way to get short term or emergency cash loans without credit checks.

That’s where NorthLadder comes in!

We realised that many people just like you struggled with getting a cash loan with a low credit score in Dubai and the UAE. We wanted to change this and offer a safe and affordable way to get access to money when you need it most.

No credit checks, get cash Instantly in shops across UAE

Getting immediate, urgent cash with NorthLadder is really simple. When you go to our website, all you have to do is enter the details of your item and in a few clicks you will have a guaranteed best price quote generated.

Our partner shops buy your phone, laptop, gadget or luxury watch and pay you immediate cash. And, you can always come back in 30 or 60 days and BuyBack your asset. All you do is

Get a confirmed price from our website

Take your item to the nearest shop located across the UAE

And collect your cash instantly

No credit check is required, and approval is completed in minutes.

We have many stores in convenient locations across Dubai, Abu Dhabi, Sharjah.

PLUS, we have recently launched “Buyback @Home” where we come to you and collect your item without you having to leave the sofa! So now, you can also get cash in Ajman, Umm Al Quwain, Ras Al Khaimah, and Fujairah.

100% Guaranteed Safe

Best of all, your item is completely protected against damage and tampering through our use of special sealed bags. Nobody will have access to your goods until you return to Buyback, and that’s guaranteed!

Sell your gadget or luxury watch and still have the option to buy it back later. With 8000+ deals done and a 87% customer return rate, try us now and join thousands of people who get quick cash on our platform!

Are you ready to Buyback? Get a Free Instant Quote by clicking below:


Is money lending illegal in UAE?

Money lending in the UAE is a complex topic that requires a lot of your attention, because if you aren’t aware of the facts you could be unintentionally breaking the law!

Read on through this useful guide, and avoid any issues when borrowing in UAE.

If you have found yourself recently or in the past short of cash at a critical time of need, we understand how much anxiety and stress it can bring. One of the first things you will probably consider when in need of urgent cash is to borrow from family, friends, or an associate.

It’s important to understand that this may be illegal! And oftentimes these loans come with the same pressures as bank loans do.

So, what is illegal about it?

Borrowing money from anybody that is not a licenced organisation certified by the Central Bank of the UAE is illegal. If you borrowed money from an associate who is expecting you to repay with interest, be careful. If this person is threatening you with collection agents who are out to recover payments, without documented evidence of a legal agreement, you are within your rights to file a police complaint.

Does this mean I can’t borrow money from friends or family?

Although borrowing money from a non certified organisation in the UAE is illegal, it is completely legal and Sharia compliant (halal) to take “friendly” loans, where the loan must be offered without interest on repayments. It is forbidden (haram) to profit from a “friendly loan” in the form of interest repayments.

What alternatives are there for legal money lending in UAE?

We realised that many people mistakenly believed cash loans are illegal in the UAE. That’s where the idea for NorthLadder originated. We wanted to provide a safe, and affordable option for UAE residents to access emergency cash.

Alternative to loan

“A Smarter option to borrowing money”

All you have to do is sell your gadget or luxury watch to a member of our extensive network of partner shops. They compete to give you their best price and you instantly get the highest price from across the network…’s like visiting dozens of shops across the country and getting their TOP price in a few seconds!

They will securely hold this for you and you can come back in 30 or 60 days to Buyback your gadget or watch!

With an extensive network of verified providers across Dubai, Abu Dhabi, and Sharjah it couldn’t be easier for you to get short term access to money without credit checks or minimum salary requirements.

We also take great care with your precious goods, and use specially designed tamper proof, security sealed packages. Nobody can access your goods until you return to Buyback guaranteed!

So are you ready to Buyback? Get a Free Instant Quote by clicking below:


How to get an Urgent Cash Loan in Dubai

Is the feeling of needing an urgent cash loan in Dubai and the UAE concerning you at the moment?

Maybe you need short term funds but you think that such loans may be  illegal under local law?

We deal with these issues all the time – and that’s why we’ve put together this helpful article that will inform you how best to get a loan in the UAE when you are in need of emergency cash.
What happens when you’re a few weeks from payday, but your rent is due now, or the family back home needs funds in a hurry or, that most frustrating of things occurs when your car breaks down unexpectedly, leading to a costly visit to the garage?

If this has ever happened to you, read on as we may save you a lot of time and money.

In these situations we need cash, fast, and with little hassle. So, is this possible in Dubai, Abu Dhabi, and the wider UAE? We must say, if you’re looking for a quick cash loan here in the UAE you are left with limited options:

bank loan processing

Personal Loan
Most banks such as Emirates NBD, HSBC, or ADCB do offer personal loans. However, the process can be time-consuming as it involves a credit check and you will need a minimum salary ranging from AED 5,000 to 8,000. Most banks also have a DBR (Debt Burden Ratio) limit to ensure you do not  borrow more than you can reasonably afford to pay – this involves comparing your salary to any other loans and expenses you have to assess if you can repay the installments for a new loan.  

So if personal loans aren’t suitable for your situation because they either take too long or you do not qualify per the bank’s minimum requirements, where do you go? .

Friends and Family

While from a financial cost point of few, this would be the ‘cheapest’ source of funds, we all know the emotional costs of asking friends and family are far higher. Aside from the loss of self-esteem and dignity of asking for a hand-out, there may also be some other ‘strings attached’

Plus, especially in current times, your friends may be in the same boat

Fighter loan shark

Loan Shark
This will be an informal  moneylender (probably introduced to you by a well-meaning friend) who will lend you money immediately with almost no security or paperwork. Sounds like your prayers have been answered, right? Think again! This is a deceptive trap you REALLY don’t want to get into!

There is a reason they are called ‘Loan Sharks’. They will charge you extremely exorbitant interest rates, ranging from 500% to 1200% per year! Compare that to a standard personal loan from a bank at 15% to 18% per year! The Loan Shark may also ask you for a blank security cheque or hold on to your passport as collateral against this loan, both these practices are against the law

And if you cannot pay back on time (which, at these rates makes an already difficult situation even worse) they will use high-pressure tactics to collect their money including threatening your job, security and, in extreme cases, even your safety

This, unfortunately, is one of the methods that many UAE residents resort to when seeking short term cash. They do this because they don’t believe there is any other option, and personal loans are not offered by most Islamic banks. We hear so many reports of exploitation and deception from UAE residents – so we urge you to avoid loan sharks, and read on for a safe, legal alternative.

Payday Loan
While this does not exist in the UAE, some countries like the US, UK and the Philippines have formal PayDay Loan companies who can offer you emergency cash loans against your next salary. They can be known as ‘dangerous emergency cash loans’. The appeal of these loans is that they don’t have credit checks, and rarely require a minimum salary. But, again, the drawback once again is extremely high interest rates, sometimes as much as 400%. Missing a payment will result in a negative credit rating, legal proceedings and the company will even reach out to your employer to try and collect their funds

There is a better option to all of these, and that’s where we come in!

You can obviously sell your assets like your car, jewelry or watches or even sell your gadgets, like your  smartphone, laptop or tablet. But, second-hand values are usually much lower than what you expect. Plus having to replace essential assets like your smartphone or laptop will be more expensive later

A smarter option to borrowing money is to temporarily convert some of your assets to cash.

You can now sell your gadget or luxury watch for instant cash in a participating shop and Buy it Back in 30 or 60 days!

Getting urgent cash with us couldn’t be easier. Within a few clicks you will have a quote generated, and then you can take your gadget to one of our partner shops all over the UAE and receive instant cash. No credit check is required, and by following a few simple steps, you can easily get approval to Sell your gadget or watch with our licenced and verified shops across Dubai, Abu Dhabi, and Sharjah.

Best of all, your item is completely protected against damage and misuse as all our shops use our special tamper-proof, secure packaging when they store your asset. Nobody will have access to your goods until you return to Buyback, and that’s guaranteed! Our partner stores go through a rigorous selection process to ensure their expertise and professional customer care.  

We have completed over 8,000 deals since our launch and have served over 78 nationalities so, whether you are a citizen, resident or just visiting the UAE, our service is for everyone!

No paperwork, No stress and No pressure to pay back – Get an Instant, no-obligation, Quote for your asset by clicking below: