8/2/2017

Taking Care of your Financing Account with Abdul Latif Jameel United Finance

You have received your new car, gadget or sports equipment and you have started to enjoy them. Come due date, and now you will start to pay monthly fees on your financing account.

We give some tips below on how to take care of your financing account:

  1. Remember to keep track of your due date & amount and incorporate them into your monthly budget. This way you will have an easy reference on how to manage your expenses and a schedule when to pay them.
  2. Know your payment options

    You may opt to pay through our branches; our cashier would gladly accept them. However, there are other convenient ways to pay your dues. You have the following options:

    • Pay through phone banking.
    • Pay through ATMs.
    • Pay through your PC using the internet.

    To be able to do that you should know the following and keep them handy:

    1. ALJUF's SADAD number
    2. Your account
    Watch the video we created for you to get an idea on how to do this.
  3. Knowing what to do when faced with a difficult situation

    The company at the beginning of your application has already evaluated your capacity to pay so most likely, you will find your monthly payments manageable. However, there might come a time that you find yourself in a tight situation, and you may find it hard to pay your current dues on time. When this happens, it is your responsibility to inform your respective Credit Officer immediately, or you may call our CRM at 8002442211 for guidance. You should not wait for notification from the Company.

  4. Transferring your leasing account

    When you want to transfer your leasing account, e.g., you are an expat who finished your contract, this article entitled “What should I do if I want to transfer my contract to another person?” you may find useful. Note: Account under leasing is the only one that can be transferred while Murabaha you cannot.

  5. Taking care of your personal details

    Abdul Latif Jameel Finance strongly advises its customers to keep its personal and account details especially passwords for his or her own protection.

  6. Benefits of having a good track credit record.

Handling your accounts well provides the feeling of personal pride as this means that you are disciplined. Abdul Latif Jameel Finance takes note of accounts that are well taken care of, and owners of those accounts may benefit from their succeeding financing transactions with the company.

As you are aware, records are shared by financing companies to official and authorized credit bureau to evaluate creditworthiness. Abdul Latif Jameel Finance prides itself to have one of the easiest processes to acquire financing, and it is important that you take care of this.

In general, it is a good exercise to keep your account in good standing which will also be beneficial for you in the long run.

Join ALJUF Club

Receive news and benefits granted only to our Mailing List.