Soon, rental defaults to dent credit scores

Etihad Credit Bureau is also planning other 'add-ons' to spur timely payments

- MANOJ NAIR Business Editor

Residents in the UAE will soon have payments related to their properties included in their credit score — whether that's a rental payment or, in the case of property owners, their services charges.

Currently, the credit score in the UAE is based on how individuals fare on their loan or credit card commitments, timely clearing of monthly bills to their telecom service providers and utility companies.

Bringing property-specific payments under the UAE credit score means a significant step up for individuals in making payments and on time.