The principal amount of my loan is Dh99,600 but with interest, the outstanding balance is Dh103,226 and there is another three years left on the loan. I am worried about losing my job and defaulting on the loan. If that happens, what will be the consequences? Is there anything that the bank can do to help me lower the monthly payments on the loan? I don’t want to borrow money from people just to survive each month. RA, Dubai Debt panellist 1: Philip King, head of retail banking at Abu Dhabi Islamic Bank Your situation may seem overwhelming, but it is essential to remain optimistic and make all possible efforts to improve your financial circumstances.