Credited for the unemployed in Belgium
Using a loan is becoming more common for individuals. If banking institutions tend to favor people with jobs, the unemployed can also claim a loan in Belgium. To the divergence of conventional personal loans, your record for an unemployed personal loan must be punctilious. Also, every detail will have to be taken in importance to satisfy the agent in charge of taking stock of your unemployed loan application. The advice of a broker can tip the balance in your favor. Your request will reflect a mature reflection.
Why is it difficult?
First, it is important to understand why it is so difficult to obtain a loan when you are unemployed. Without a job, you do not have a regular income and your risk profile is not desirable for most banking institutions. Banks are more willing to accept your request when they have guarantees that you will repay. nowadays, the banking institutions have very strict directives in the granting of the credits, in addition to the legal precautions (to be major and not to appear on the obscure listing of the Astro Finance of Belgium).
if you are refused for a loan of honor, there is also the solution of personal micro-credit. This is a type of credit dedicated to people in great need or to job seekers. This one is granted by financial organizations, with a low utility rate. For example, if you ask for a micro credit to buy a car to get to work, it increases your chances of acceptance. Any proof of determination is well seen. Micro credit exists to advise individuals who are really in a very soft situation. The state feels it is his duty to advise people to get up.
Solutions for a bad credit
Everyone knows that the demand for credit from a bank can quickly turn into a real journey of combatants and this, even if we have an internship. In fact, when applying for a loan, the first condition required is the solvency of the applicant. That’s why there are several supporting documents to present: pay slip and statement of account.
Possible loan alternatives for the unemployed in Belgium In Belgium, you can take a bank loan even if you are unemployed. The probabilities of obtaining a loan for the unemployed are rich for people who have fulfilled certain conditions. Possession of a personal contribution of the order of 10% of the amount requested facilitates your loan. If this is not your case, other options are possible. When you own one or more real estate, you can adopt a mortgage. This one requires the putting in guarantee of your goods. You can thus receive an amount equivalent to the actual price of the property pledged.
AMOUNT OF CREDIT FOR AMOUNT THE PRINCIPLE :
Loan consolidation is a financial approach that allows all loans from a borrower to be combined into a single credit, rediscussing the credit rate and reducing the monthly charge. This solution allows you to have a longer repayment term close to the lenders, that is to say that the total cost of the loan will increase, but it allows you to repay less each month. Doing a credit consolidation suggests rediscuting the rate of a loan with a credit agency which leads to new costs (for example, records). A decision not to be taken lightly.
Applying for credit with a bank can be a real concern. The vast majority of banking institutions require numerous documents to verify the creditworthiness of their clients, including explanatory pay slips and statements of account. An unemployed person will have to provide even more guarantees for credit, in order to reassure the lender. Several alternatives make it easier for an unemployed person to borrow.
When you see a request for credit, the lending group is forced to make an appointment with your financial income, they can be real estate. Good Finance works with financial ferments specialized in credit for person without payroll. Your credit with sufficient property guarantee from $ 35,000. Good Finance implements its expertise in credit management for people without payroll.
To not forget
Here’s another piece of advice: If you need to borrow money while you’re out of work, negotiate with your lender. If your negotiations fail, contact a broker or, by nature, a social worker. Give him the proof that the school did not accept your request. Communicate also the file which defines your situation of unemployed person. Your employee will take the steps for you. He will know how to do it.