ADJD held a lecture to promote spreading of legal culture

The Abu Dhabi Judicial Department (ADJD) in coordination with the Al Majles Affairs Office held a sensitization lecture titled "Risks of Borrowing" to promote the dissemination of legal culture among members of the society.

The lecture was organized under the "Majalesna" initiative launched by the Judicial Department. In his sensitization lecture organized by Majlis Sakhar in Al Ain, Dr. Turki Al Qahtani, Senior Family Counselor at ADJD, described the effects of unregulated borrowing on individuals.

Warning the dangers of consumer credit, the family counselor explained the psychological, social, and financial stress that unregulated borrowing causes on the individual, family, and society and the impact it can ultimately lead to financial ruin, family disintegration, and corruption.

Reasons for Borrowing and Characteristics and motivation of Consumer Loans, emphasizing the importance of money in people's lives and financial management skills, and its impact on family stability.

Social stability depends on the ability to meet basic needs in terms of goods and services because the economic dimension has a clear impact on the perception of security and psychological stability along with securing the health aspects.

The family also satisfies all the needs of its members, which requires good resource management and expenditure plans commensurate with income. He said this type of loan was motivated by the need to cover the gap between low or limited income and rising expenses.