UAE Credit Reports Add Micro‑Loans Like CashNow to Profiles

THE NEWS: Etihad Credit Bureau will now include repayment behaviour on CashNow products in consumers’ formal credit histories, allowing timely repayments to help strengthen individual credit profiles.

DETAILS:

Bin Hendi explained that timely repayment by CashNow users can become part of their credit history and assist in building stronger credit profiles.

He added, “Credit reporting and scoring are not only tools for assessing risk; they also create a pathway to financial participation.”

The change is part of Etihad Credit Bureau’s broader efforts to expand credit reporting and improve financial inclusion.

WHY IT MATTERS: By adding CashNow repayment data to credit reports, consumers gain a new opportunity to improve their credit scores, which can increase access to loans and other financial services.

FAQ

What new credit reporting change does Etihad Credit Bureau implement for CashNow users?
Etihad Credit Bureau will now record repayment behaviour on CashNow products in formal credit histories, allowing timely repayments to contribute to consumers’ credit profiles.

Who commented on the inclusion of CashNow repayments into credit history?
Bin Hendi, a spokesperson for Etihad Credit Bureau, explained the benefit of timely CashNow repayments for strengthening credit profiles.

How does the inclusion affect consumers’ credit profiles?
Including CashNow repayment data lets consumers build stronger credit histories, potentially improving their ability to obtain loans and other financial services.

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