AECB and Higher Colleges of Technology (HCT) experts explained the importance of credit reports and their role in building a stable financial future to the students and staff of HCT.
Al Etihad Credit Bureau (AECB), recently hosted a webinar titled, “The Art of Credit – Buy Now, Pay Later” for the students and staff of Higher Colleges of Technology (HCT). The webinar focused on the importance of credit reports and how they can be used to promote good financial behaviour.
Commenting on the session and the purpose behind it, Marwan Ahmad Lutfi, CEO of AECB, said, “At AECB, we are committed to educating the younger generation about credit – specifically how to build a healthy credit score and how credit reports can be used as an effective tool to build financial stability. Through educational programmes like these, and with the help of leading universities like HCT, we can raise awareness about the importance of credit reports among a new generation of learners, especially as they prepare for the professional world.”
AECB’s credit reports are growing in popularity as banks, financial institutions, telecommunications service providers, and government agencies, as well as a growing number of businesses, rely on them to make informed credit decisions. AECB continually works to improve its credit reports by collecting and analyzing data on the credit histories of individuals and businesses, including cheque issuances, cheque clearances, telecommunications payments, and payments for water and electricity.
The webinar drew strong participation from HCT students, and faculty.
