A loan without a credit check means that you borrow a certain amount of money while you have a negative registration because you are in arrears with another loan, a mail-order company or on your credit card. Of course, this is very annoying, because you can hardly go anywhere else to take out a loan while you just have an income. Another problem is that even if you make up the payment arrears, the notification will remain for 5 years before it is deleted. This means that you will still have 5 years to apply for a loan due to this notification.
Loan without credit
So if you have a negative report with the credit check then there are still some possibilities to apply for a loan, just assuming that you have a regular income you can borrow a small amount despite having this registration. A loan without a credit check has a maximum of around 800 euros, so it is especially useful if you have a little more money so that you can pay again, see it as an advance on your salary. Unlike other loans that often start from 2,500 euros, such as a revolving credit or a personal loan, you have to pay off a loan without a credit card, usually within 45 days. You must also repay the loan in one go, this is not possible in installments.
How fast can I borrow
Requesting a small amount with a mini loan is fairly quick, you do this online and you complete the form in 5 minutes. There are several mini-loan providers in the Netherlands so it is important that you find out which one is the best for you, especially if you want your money quickly you should look for a provider who can arrange this the same day. There are also lenders who borrow money without credit check and pay this after approval within 10 minutes, for this fast solution you often have to pay.
Can I see if I have a credit check registration?
There are a number of conditions under which you are registered with the credit check, your loan must be greater than 500 euros but less than 175,000 euros, and the loan must also have a minimum duration of 3 months and be granted to a natural person. 8 percent of the Dutch population has a negative registration with the credit check, so you are not the only one. You can request your data stored there at any time so that you can assess whether the information is correct. You can request data here, retrieving costs a minimum of 4.95 and a maximum of 12.50.