The bank loan or credit from an approved organization is today a financing solution almost essential for everyone. Indeed, a study carried out by the Central Credits to Individuals in 2011, revealed that in Belgium, more than 6 million people claim to have already used a loan for the realization of a project or without proof. Consumer credit is the most requested type of credit because it allows you to finance all kinds of projects: home, car, travel, marriage, work, studies, hobbies, etc. However, you need to be well informed in order to find the best how to apply for consumer credit.
Important information before request
First of all, you have to know what consumer credit is. It is a type of credit that can be applied for for different types of credit. It offers a range of financing solutions adapted to everyone’s needs. Any loan of money granted by a credit organization or a bank, for the purpose of financing any project or purchases, apart from real estate, are qualified as consumer credit. Like all other borrowings of money, the sums borrowed, via a request for consumer credit must be repaid, with interest. This type of credit is also governed by specific rules, put in place by the public authorities in order to protect consumers and debtors. You should know that the rates of consumer loans in Belgium vary between 5.2% and 10% depending on the amount borrowed, the repayment duration and the credit organization.
The different forms of consumer credit in Belgium
There are several categories of consumer credit. He has first of all the personal loan which is a credit ranging from 500 USD to 150,000 USD, intended to finance a personal project such as a dream trip, the purchase of a new boiler, the change wardrobe, et cetera. Installment sales, lease credit, bridging credit, opening credit and the credit facility are also forms of consumer credit.
How to obtain consumer credit?
Do you dream of acquiring different types of goods or services? You may want to replace your old washing machine or want to renovate a room to welcome a new family member? A model of vehicle caught your eye? A wedding to prepare in a few months and you are missing some tickets? Think consumer credit…
To obtain a consumer credit or consumer loan, you must ensure that you meet the required conditions: be over 18 years of age, be a Belgian resident … and collect various supporting documents. Then you can follow a few simple steps. To start with the introduction of your online application for your future project. You should do a consumer credit simulation to determine if all the conditions are really advantageous for you. Once your request has been launched and validated by the specialists, you will only have to sign the contract directly or by e-mail. The amount you requested will be paid into your bank account upon receipt of the signed contract is received.