offers free debt management advise to UAE residents
09/26/2012 has been helping thousands of UAE residents save money by offering a unique platform to compare financial services & products. Experts at MoneyCamel offer complimentary advise on debt management and personal finance management.

Online PR News – 26-September-2012 – Duabi, UAE – It has been over 3 years since the UAE economy first took a plunge in Q4 2008. While the outlook is now looking a lot better with strong growth prospects for the economy, there are still a large number of people in the UAE who continue to struggle with high levels of debt.

While the UAE federal government is helping UAE nationals who are struggling with debt, a UAE based personal finance website – - has found a unique way to give back to the society. They have established two online channels – “Ask our Expert” and “Debt Management” – that UAE residents can use to seek expert advise on their personal finances.

“Ask our Expert” is an online Q&A service where any user can ask questions related to personal finance and an expert answers these questions within a short period of time. This is a simple yet personal route for UAE resident who are unable to discuss financial issues they are worried about with their friends and family. These questions range from “ how they can reduce their debt and monthly payments”, “where can they get a loan with their salary” to “the best way to manage their budgets”.

“Debt Management” is another channel where users can leave the details of their current debt and an expert advises them on how they can consolidate or reduce their current debt obligations by smartly managing them.

“We see these two channels as our way of giving back to the society that has given a lot to us. We ensure that we dedicate time to our responses every day and try to get the best possible answers for our users. So far we have been able to help more than 10,000 people in UAE” said Preeti H Bhambri, Founder & MD, MoneyCamel FZ LLE.

About is a comprehensive personal finance website that guides users through banking and financial services in the UAE. Managing personal finances can be a difficult for even the best brains and the site aims to simplify personal finance and provide tools, information and calculators that will help users improve their financial health.

The goal is to make it easy for UAE residents to plan and choose financial products such as credit cards, personal loans, home loans, accounts, deposits and insurance solutions that best meet their needs. Users don’t just have to rely on advice from friends, family, banks or brokers – they can take control and do their own research using our tools, data and comparisons.

The site promises to:
1. Provide 100% unbiased, free and independent information to users
2. Give the right tools to users to plan ahead
3. Ensure complete transparency on fees and charges for various providers
4. Focus on price & product features to allow evaluation of all products
5. Provide debt management support to those struggling with debt