If you are looking to take out a loan, there are now several possibilities.
Traditionally, people used to go to a bank branch in the neighborhood. Now that is completely different. Borrowing money without a bank has become at least as popular with the rise of the internet. There are good reasons why people take out a loan without a bank.
Why borrow money without a bank?
If you are looking to borrow money, it is obvious that you will compare different banks and other lenders. And then we do not only mean the interest rates or interest rates of the various parties. Borrowing money without a bank often causes people another reason.
- It is thus every provider of loans sets its own conditions to approve a loan application. The lending of money involves risks for the credit providers. There is always the possibility that the debtor will not be paid back or paid too late.
- Each institution handles the risk differently. There are banks that focus on the ‘easy’ customers. Two earners with a large income, some extra savings on the bill, a home and a stable job. They get an agreement from the bank pretty easily.
- Not everyone is in such a luxury position. In many people their file is not so rosy. Borrowing money without a bank is often the solution. After all, there are creditors who have focused on the more risky files.
- Of course, borrowing should never be frivolous. It is important to check with yourself whether you will be able to repay the loan. Taking out a loan to get into trouble is definitely not recommended.
- Borrowing money without a bank gives some extra possibilities for those who have thought carefully. Also who is on the black list and owns a house has another possibility to borrow.
- The interest rate or interest rate of the loans may then be slightly higher. However, it is reassuring to know that the legislator has set maximum interest rates. If you borrow in an official way in Belgium you should never fear that you will have to pay interest on interest.
Where can you borrow money without a bank?
The easiest way to submit your loan request is of course via the internet. Any serious lender or credit broker undoubtedly has a website. On that website it is then possible to apply for a loan online. You give all the data and you know pretty quickly whether your loan has been approved. Borrowing money without a bank does not just give you more options. You do not have to leave the door for your application, you do not have to make an appointment and you will be helped quickly.
We all have the need to take a break. A while away to recharge the batteries properly.
You come back reborn and you are ready to fly back in again. Sometimes your budget does not want to come along. Did you know that many people borrow money for a trip? This is then what we call a holiday loan or travel loan.
It sometimes happens that an attractive excursion suddenly appears. Ask friends or family if you do not feel like going on holiday with them. Or you get the chance to benefit from a nice last minute offer. It is more than annoying when you have to put the travel offer aside.
Borrowing money for a trip can be a possible solution. This so-called holiday loan was created for this purpose.
You must be able to travel when it fits into your agenda. If your wallet is temporarily struggling, you can contact a credit broker. They discuss with you the possibilities to take out a loan for a weekend trip, a short trip or even a longer holiday.
Borrow money for a trip – without hassle
Customers sometimes think that a holiday loan is nothing for them. They think that there is a lot of looping and paperwork to suit. You have to come up with quotes from travel agencies or campsites, you have to clearly indicate in advance to which destination you want to go, and so on. This is not the case at all. Borrowing money for a trip can easily be arranged via the website.
Most holiday loans are simply requested online . You can request a holiday loan via our website without much hassle. You contact us first via our form. We mail or call you and discuss the possibilities. Then the credit is requested – for that we need the income data and identity data. When the holiday credit is approved, the money is transferred.
For which trip can you borrow?
You can borrow money for any kind of vacation. You do not need to pass a travel agency. Some examples for which this loan can be used:
- Weekend trip or city trip
- Fly holiday to the sun
- Last minute trip
- Skiing holiday
- All-in travel formula
- Booking a campsite
- Rent a caravan or a mobile home
- Rent a motorhome
- A stay on the coast or in the Ardennes.
Your travel loan quickly arranged
The holiday loan is therefore a formula made for those who want to get away from it and do not have the budget at the moment. Do you want to borrow money for a trip?
The internet is impossible to imagine in our lives. We can do just about anything via the internet nowadays.
Online shopping, contacting friends or family, ordering concert tickets, even putting the heating at our home higher or lower at work. Borrowing money via the internet is therefore not so strange. More and more people are choosing the convenience of the internet if they want to borrow money.
The advantages of borrowing money via internet are clear:
- You win a lot of time.
- You contact the credit broker when it suits you.
- You do not have to leave the door: no traffic jams, no parking fines
- Your application is very discreet and confident.
- Quick treatment of your file
How to borrow money via internet?
- Borrowing money via the internet is done through a very smooth procedure. You contact the broker who discusses your file with you via email or telephone. You will receive a proposal tailored to your needs. If the broker still needs documents from you, you can send them by post, fax or e-mail.
- The big difference between online shopping and applying for a loan online is that the latter does not happen completely automatically. For example, if you buy cinema tickets or airline tickets via the internet, no one is involved.
- Borrowing money via the internet is not automatic. Also on the other side of the computer connection there is a person of flesh and blood that follows your file. And that’s a good thing too. This way you can be sure that your loan is in line with your wishes. This in terms of duration, amount and type of loan.
- Borrowing money via the internet is possible for all current loans. Many personal loans are passed on via the website. But car loans, rebuilding loans and home loans with mortgage are also requested via the internet.
In this article we will discuss the personal loan . There are, of course, various types of loans.
Maybe you are planning to buy a car? Perhaps you need a new washing machine or furniture? Or maybe you need a well-deserved break and want to look for brighter places.
Personal loan alternatives
We can not just pay most major expenses in cash. In addition to the mortgage loan where the house is taken as a guarantee, there are also specific loans for all other purposes. The renovation loan with possible renovation premium and the auto loan we discussed separately. A very common form of borrowing is the personal loan. Do you need money? You can of course also go below zero with your current account or use your credit card. The big difference with a current account or credit card is that you borrow a certain amount of money from a personal loan. This then takes place at a fixed interest rate and with fixed monthly repayments. These are clearly known at the start of the contract.
Borrow money personal loan: benefits?
- Whoever goes red in his current account pays a lot more interest. So a personal loan is often better to manage your budget. You will be credited a fixed amount to your account. You know what you will use the money for. It is clear in advance how much you have to pay back monthly. This clear approach makes it easier for most people to repay the loan correctly. This in the long term avoids problems with the National Bank and the black list .
- A credit card is easy and tempting. However, you may be below zero for a longer period of time while interest continues to rise. You will therefore be faced with surprises if you do not pay back on time and inadequately. The high interest and the capital due that still have to be repaid make it insurmountable for many people to repay the loan correctly and on time.
- With a personal loan you can already avoid this risk. If the bank allows you a personal loan, your file will be checked beforehand. We will check whether you will be able to repay the loan on time. In addition, the bank will also take into account the purpose of the loan. The follow-up to this article ‘borrowing a personal loan’ can be found in the article interest rate personal loan.
Do you want to take out a credit on the best terms? Borrowing money with a personal credit or personal loan is a good way to finance your purchase.
You have a clear repayment plan and you know exactly where you stand beforehand. You can go to the bank for loans for all purposes. This on interesting terms and tailored to your options and budget.
- If you are faced with an important purchase or large expense, it sometimes happens that your bank account is being used.
- You may decide to go red in your bank account.
- If you do this for a longer period of time, the interest rate rises high. Higher than if you had subscribed to personal credit for money.
- With a personal loan you have a clear view of what you will repay per month. You know the monthly amount, you know how many months it will take before the loan is set flat.
- You also get a clear view of the interest that goes with it.
- All these things are already known before you conclude the credit agreement. You will not be faced with unpleasant surprises in this way. This will prevent you from ending up on the black list sooner or later.
Money lend personal credit: benefits
The personal loan is one of the four large loans, in addition to the renovation loan or renovation loan, the mortgage loan and the car loan. So if you are making personal loans in the context of money lending, you will mainly know the monthly reimbursement. It is important that you check with yourself whether this reimbursement is feasible for you. If not, you can sit with the credit broker and see if it is possible to extend the term. If you can borrow the same amount over a longer period of time, the monthly repayment will be reduced. You do pay more interest because the loan runs longer. It is therefore important to carefully weigh the amount to be borrowed and the duration in advance.
Consumers who borrow money on a personal loan are well protected by the legislator.
- The lender is obliged to verify with each loan application that the applicant is not on the blacklist. This entry at the National Bank plays a major role in the approval of the application. Anyone who is on the black list and is the owner can possibly receive a loan under certain conditions.
- The maximum interest rates for personal loans are set by the legislator. The consumer is thus well protected against so-called usury interest.
- A personal loan can always be repaid early. This does involve extra costs. In addition to the outstanding capital, the bank or lender also requires a compensation equal to three months’ interest. You can always check whether it is interesting to have your loan reviewed .
Request a loan, how does it work? The online credit brokers are happy to make it easy for you.
You can submit a loan request via their websites without having to leave the house. All applications for a loan that come via the website are often given priority. They understand that you want to be informed quickly about the status of your file. They take care of that.
Request a loan at the office?
It does not really matter anymore to enter an office and put your entire situation on the table. It takes a lot of time and effort to personally visit all banks and credit brokers. Moreover, it is not very discreet. Every office in your area will then be aware of your financial situation and you know that you are looking to borrow money. It is also not nice if you are refused by the bank in your street.
It is not surprising that a loan application therefore happens more and more online. From the comfort of your own home you can contact the broker and request your credit in peace and quiet.
How to apply for a loan?
- The first step is to contact an online lender via his website. In this way he already gets a picture of your questions and wishes. Every dossier is different. And therefore every solution. They discuss the possibilities with you and look for the best solution for you. There is the possibility to take out a new loan or possibly to revise an existing loan .
- They need additional data for the further processing of your file. You can then send them to them by mail, fax, e-mail or via an online form.
- Applying for a loan also means that you would like to be kept informed of the status of your credit application. You can also contact the broker by email or by phone. Even if there are still uncertainties or questions, they are ready for you quickly.
- You can apply for a wide range of credits via the internet. A personal loan, financing for a car or motorhome, a home loan, renovation , renovation, holiday loan, and so on.
Sometimes you end up with unexpected expenses. Borrowing direct money is often the only solution.
You want to apply for a loan quickly and the money has to be put on your account quickly. The best way is undoubtedly to opt for an online loan application. How do you make an online application? And how do you ensure that you get approval as soon as possible? We look at this in the article below.
How can you borrow money directly?
Borrowing directly means that you do not have a lot of time. You want the file to be around quickly. You want to have the borrowed money quickly. It is then important that no delays occur during the loan application. There are many reasons why your file.can be delayed. The tips below will certainly help you to get the loan settled more quickly. So you are sure that there are no delays from your side. A loan application always takes place in a number of steps.
Do your application online. You do not just jump in at a bank now to arrange a loan. You must make an appointment in advance. Often they can only receive you the next day (or the next week!). That is all precious time that is lost. That is why many people simply make their application via the internet.
Choose a specialist. You want to borrow money straight away so the loan must be applied for correctly. A specialized credit broker can better assess your file. If the loan that is requested does not match your profile, you will receive a provisional or definitive refusal from the lender. Of course you want to avoid that. A broker with a lot of experience provides a loan to your size. If the loan fits your financial file, everything is arranged much faster.
Be honest with your situation. It still happens that people make an application and thereby withhold information. For example, they do not indicate that they have all current loans. The request is being processed and these negative elements will certainly be released. The consequence? The loan is postponed or even refused.
Keep all documents ready. You want to borrow money directly so you do the application online. Make sure you have the necessary documents at hand. Your own identity card and possibly that of your partner, proof of income such as pay slips, bank statements, … If your application is being processed, the broker will attach a copy of these documents to the file. So if you do not find your last payslip (s), for example, you will be delayed with the final acceptance.
Where can you borrow money directly?
In short, the best way to borrow is to make an online application through a specialized broker. Pass all information honestly and correctly and keep the necessary documents at hand. This way you can immediately borrow money without delays in your file. Handling your file properly not only helps you to borrow money quickly. You also increase the chance that your file is actually approved. After all, the approval of a financing file is a complex matter with many elements.