A mini loan in Belgium without BKR is quite possible because every lender weighs several factors when providing credit. A mini loan in Belgium is mainly reserved for people who need a small amount for a shorter period. Particularly among providers of mini-loans in Belgium, they often assess whether it is wise to provide a loan on the basis of other information.
Borrowing Belgium Without BKR with a mini loan.
A well-known provider of small loans is Funding Square Bank. You can borrow money quickly from this lender and you can borrow from € 500 to € 5500. The money will be in your account within 10 minutes. Actually, it is not a loan, they buy part of your future salary and pay it out now. There are more providers of mini-loans, such as Quickkrediet.be . Unfortunately, registration is not completely arranged online or the costs are not entirely clear. They are also official lenders, so borrowing without BKR is not possible. So inform yourself well before you take out a loan.
What is the BKR
BKR stands for Credit Registration Office and is located in Tiel. BKR informs affiliated organizations about loans that consumers have taken out. The BKR information helps companies to consider whether it is wise to provide credit.
If there have been problems with paying bills or paying off a loan in the past, you can get a 'BKR registration'. This can make borrowing money more difficult. BKR only informs the companies that ask for it. It is the lender who decides.
Is BKR testing decisive?
In addition to the BKR information, other factors weigh in when providing a loan. BKR only has data about credits, such as a flexible credit, credit limit on your checking account and credit card. It may therefore be that Mini Loan in Belgium Without BKR testing is not possible on other grounds than a BKR listing.
The lender collects all data. He decides on the basis of the available information whether a loan is justified.