Host Tim Elliott speaks with Mira Business FM team member and financial guru Muzammil Shaikh for an essential "Insights" segment on Morning Drive. They delve into the critical topic of credit history and how the UAE’s financial landscape is evolving toward a more Western structure where credit scores are becoming increasingly important. Muzammil highlights the pitfalls and shortfalls many encounters, including how missed payments, bounced checks, or even missed payments to entities like Dubai Business Associates (DBA) can impact a person's credit report. They also discuss the unique struggles freelancers and newcomers face in having their income recognized by banks, especially when it is not a standard WPS-coded salary. Finally, they provide crucial advice on understanding the high annualized interest rates on many UAE credit.