Contact us or submit the form. We review all your existing debts, calculate your new consolidated instalment, and show you the full savings — at no cost.
Debt Consolidation
Stop Juggling Multiple Debts — Start Fresh with One Simple Payment
Managing multiple loans and credit card payments can become stressful and costly. Debt Consolidation from SSP Global Prime Business Hub combines your existing debts into one loan with a single monthly payment, one due date, and a lower interest rate — making repayment simpler and helping you move toward becoming debt-free.
What Is Debt Consolidation?
Debt Consolidation is the process of combining multiple existing debts into one new loan from a single UAE-licensed bank. The new loan settles all outstanding obligations simultaneously, leaving you with one structured monthly repayment at a lower effective interest rate. Per UAE Central Bank regulations, total monthly credit obligations cannot exceed 50% of gross monthly salary. If your current combined repayments approach or exceed this threshold, Debt Consolidation restructures them to bring you back within the regulatory limit.
Key Benefits
One Due Date
No more tracking multiple repayment dates across different banks
Lower Interest Rate
Credit card rates of 24 to 36% p.a. reduced to as low as 3.99% flat
Reduced Monthly Cost
Lower total monthly obligation and more disposable income each month
50% Rule Compliance
Restructured to meet UAE Central Bank salary DBR limits
Credit Score Protection
One manageable payment reduces the risk of missed instalments
Clear Debt-Free Date
Fixed tenure gives you a defined end date for complete repayment
Why Choose SSP
Global Prime Business Hub?
Comprehensive Debt Review — Free
We assess all your existing liabilities upfront, calculate your new consolidated instalment, and show you exactly how much you save — before any commitment or fee.
15+ UAE Bank Network
We compare options across our lender network and submit your application to the bank most likely to approve at the best available terms for your profile.
Non-Listed Company and Expat Friendly
We specialize in placing applications for employees of non-listed companies, SMEs, and UAE free zone businesses — profiles that major banks frequently decline on direct application.
Low Credit Score Support
We work with lenders who assess consolidation cases individually, particularly where consolidation clearly reduces existing monthly obligations.
No Upfront Fees
Our fee applies only after your loan is approved and disbursed. The initial consultation and full profile review are completely free of charge.
End-to-End Management
From collecting liability letters to the final bank settlement of all existing debts, we manage the complete process on your behalf.
Eligibility Criteria
- UAE resident with valid residence visa
- Age 21 to 60 years at loan maturity
- Minimum monthly salary AED 3,000
- Existing loans or credit card debts to consolidate
- Employed minimum 3 to 6 months with current employer
Documents Required
- Valid passport with UAE residence visa
- Valid Emirates ID
- Latest 3 months bank statements showing salary credits
- Salary certificate or employer salary transfer letter
- Liability letters from all existing lenders
- Latest credit card statements for all cards being consolidated
How the Process Works
01
Free Debt Review
02
Document Collection
We guide you through gathering your passport, Emirates ID, bank statements, salary certificate, and liability letters from all existing lenders.
03
Settlement and Clean Start
The new bank settles all existing loans and credit card balances directly. You are left with one consolidated loan, one due date, and a clear repayment path forward.