Home » News » In the video..a specialist reveals the method of calculating the loan on salary..and explains an important issue for those with salaries of less than 25,000 riyals

In the video..a specialist reveals the method of calculating the loan on salary..and explains an important issue for those with salaries of less than 25,000 riyals

Al-Marsad Newspaper: Abdulaziz Al-Maalawi, who is interested in financial markets and financial analysis, revealed the salary loan calculation method for citizens who wish to get the loan.

He said during a speech on the “Saudi Arabia” channel that the financing does not exceed 33.33% for employees at work, in addition to the credit card, as he is incapable of personal financing.

He added: In general, customer obligations should not exceed 45% for people earning less than 25,000 riyals.

He continued: In the case of financing, this percentage increases to between 55 and 65%, depending on the salary and age of the client.

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