How does the UAE laws address the issue of defaulting on a bank loan?

In the UAE, the consequences of not repaying a loan can range from financial penalties to legal actions, which can have an influence on both an individual's economic and social standing.

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How does the UAE laws address the issue of defaulting on a bank loan?

In the UAE, the consequences of not repaying a loan can range from financial penalties to legal actions, which can have an influence on both an individual's economic and social standing.
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