Your credit report from home can be used in the UAE
If you've been here in the UAE for less than 3 years, our Foreign Credit Report lets local lenders use your credit history from other countries to improve your creditworthiness.
Your Foreign Credit Report converts your credit history from other countries into a format that is valid in the UAE. This helps local lenders to evaluate your credit applications.
Why do you need a Foreign Credit Report?
Increase your chance for approval
Your foreign credit history may help the approval of your credit application.
Get access to funds faster
With an easier approval process, you can quickly avail your loan, mortgage, credit cards or mobile plans.
Secure better rates
You may be able to avail lower Interest rates and save on loan payments.
Over 10 countries and growing
Foreign Credit Reports from these countries can be provided to your lender through "Nova Credit". Plus, we're adding more countries in the future.
Australia
Austria
Dominican Republic
Germany
India
Kenya
Mexico
Philippines
South Korea
Spain
Switzerland
Ukraine
United Kingdom
How it works
Whenever you apply for a credit in UEA, we can assist you in providing lenders with visibility on your foreign credit report.
Apply for a credit
As part of the application, your lender will require you to submit your credit report from other countries. *Please note that a Credit Score is only generated if credit was used within the last 24 months
Agree to share your data
You will be asked for your consent so we can access your Foreign Credit Report through "Nova Credit"
Lender will use your Foreign Credit Report
After verification and processing, your Foreign Credit Report will be shared with your lender.
Frequently Asked Questions
