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by lukasm 3602 days ago
You can something similar to mortgage or credit in UAE as well, but being late on the payment has devastating consequences.

http://www.dailymail.co.uk/news/article-2194633/Luxury-high-...

It has consequence for enormous part of a life. For example, I was traveling using metro in Dubai. I had 5 dirham on my travel card and the trip I wanted to take costs 3 dirham. I couldn't enter the train, because the maximum charge is 8 dirham, so I could have negative balance.