Updated May 30, 2025 • 1-min read
Posted by Anonymous
May 29, 2025
1 answer
Posted by Anonymous - May 29, 2025
Honestly, I think Kuwait Finance House is onto something cool with their new gold account. I mean, getting a loan in Kuwait can be such a headache sometimes, and people don't wanna sell their family gold just to get some money fast. This thing lets you use your gold as collateral but still keep it, which sounds pretty sweet if you ask me. You can sort most of it out on their app, and there's not a ton of paperwork. I've seen my uncle try it already; he just put his gold in, got some money, and didn't have to sweat about paying it all back at once since their terms are kinda flexible. Plus, gold usually keeps its value, so it feels safer than getting a random personal loan. For a lot of families in Kuwait who have gold tucked away for emergencies, this is honestly a game changer for, like, emergencies or just covering sudden costs. If you want to keep your assets and still get cash, it's way less stressful than selling or pawning jewelry.
Sign in to share your knowledge and help others.