The credit comparator 2020

HOW TO FIND THE BEST RATE WITH A CREDIT COMPARATOR?

HOW TO FIND THE BEST RATE WITH A CREDIT COMPARATOR?

We are in a consumer society where credit plays an important role in our lives. As soon as we get a serious job, we are planning major purchases such as a house or an apartment, with funding over several years. We plan for the future for our children and secure our future retirement. But this is not done without money, and unless you have inherited, credit is the solution to achieve your dreams. Only credit is expensive, and bank charges between all existing financial organizations are often different.

HOW TO ACCESS BANK LOANS?

HOW TO ACCESS BANK LOANS?

By opting for a bank loan, in general we contact our usual bank. Our advisor will carry out a simulation according to our needs and our repayment capacities. Common sense dictates that we go to different banks to find the most advantageous credit. There are many banking institutions, and if we want to study the different proposals and credit rates, we will spend a lot of time getting appointments, and at the end we will still not know which bank to choose.

THE CREDIT COMPARATOR.

THE CREDIT COMPARATOR.

The Internet offers us the possibility of making our task easier, by giving us access to the credit comparator. Each bank, each more or less known financial organization has its website with an online credit comparator. All we have to do is connect to the site that interests us, and fill out a simulated financing dossier. Depending on our needs, we can thus have an idea of ​​our future monthly payments, the duration of the repayment and above all, be aware of bank rates. We can do the same thing with all financial organizations. We can therefore have a fairly quick overview, and select the interesting establishments. Making a credit comparison file online, allows us to consider our future acquisition with full knowledge of our obligations.

“Across Lender”.

“Across Lender”.

 

There is an even faster solution for those who are running out of time and are considering borrowing. In addition to the credit comparator affiliated with a particular bank, our blog “Across Lender” has its own online credit comparator. It provides a very precise idea of ​​the bank rates charged by the most important financial organizations on the market. No need to make a credit comparison with each bank. Our online credit comparator provides you with all the necessary information on the rates charged, the monthly amounts and the duration of the loan that is most suitable. You know in advance which bank to contact, and have the necessary arguments to negotiate with an adviser. Are you planning a major loan in the future? Do you want to prepare your arguments to negotiate your loan? So go ahead! Our online credit comparator can provide you with all the answers in the shortest possible time. It’s fast and without commitment!

Borrow money blacklist – is it possible? – Direct borrowing from 0.65%

Do you want to borrow money, but are you unfortunately on the National Bank’s blacklist? Then you will notice that it becomes less easy to take out a loan. On the other hand, this does not mean that it is totally impossible. Look for the alternatives and thereby ensure that you still have the opportunity to take out a loan. Bring in collateral, or in some other way provide certainty with which you can still borrow money in a period when you want to have something extra at hand. There are always several ways to borrow money, but a loan from one of the recognized lenders is without doubt the safest way to get it done. Borrowing money does not necessarily have to be an impossible task with a blacklist listing and it is therefore always worth the attempt of an application. And if the financial resources you have regarding, for example, the salary are sufficient enough in the opinion of the lender, there is still a very real chance of a loan.

Only when you are sure that the options with the recognized lenders are nil, you could also look at other options, but the fact remains that borrowing money from one of the recognized lenders remains the safest way. It is therefore advisable to give this a chance in the first instance to see how you are doing. Even if you are blacklisted, you may still be surprised at the possibilities that exist with regard to borrowing money.

Alternative options to borrow money blacklist

Alternative options to borrow money blacklist

You can borrow money when you are blacklisted, for example by using a credit from a private person. Do you have friends, family or colleagues with more capital and do they want to help you? In any case, make good agreements and also put them on paper, so that no ambiguity can arise at a later time. You ensure that you can borrow money, although you can also decide to lend or pledge certain products and items. You convert the value of your belongings into money in exchange for an interest rate that you pay on this.

If you know someone who has the financial resources to help you out temporarily, that can of course be very useful. You will probably have to pay interest, but chances are that by arranging the loan in this way, the interest will not be as high as with the recognized lenders and of course you will not be hindered in this way of the fact that there is a blacklisted note.

Compare your options

Compare your options

Preferably, compare the different options you have to enable borrowing money and spend as little as possible. You can compare the loans online, to make sure you don’t pay too much. What is the interest rate that the bank or institution charges you and how does this compare to the other options you have? Borrowing the money if you are blacklisted is not easy, but it is possible and it is therefore worth a closer look. It is true that a cheap loan is often also possible with a blacklist listing, but this will usually have to be searched for well.

The possibilities are therefore limited, but of course you can always try for a loan. What some people sometimes do not realize is that their listing on the blacklist has already been removed, while people themselves are still assuming that it still exists. Of course, a blacklist listing will not last a lifetime, so you may already be rid of it. You will of course be able to estimate this yourself best, but if this is the case it will of course increase your possibilities for borrowing money considerably. But even without a blacklist listing it still does not mean that you can just borrow money anywhere, because there will still be a critical look at your loan application.

You shouldn’t worry too much about the blacklist, because perhaps a lender makes the estimate that despite the financial situation looking healthy and that will be considered sufficient to take out the loan to give. For many consumers who have ever faced the blacklist, it is often not clear whether it can still cause a nuisance or whether it has already been removed, but when a lender requests it himself in response to an application for a loan it will soon become clear. Borrowing money and applying for a loan is never a guarantee of a loan and looking at whether or not blacklisting is done by lenders is therefore only part of the protocol and therefore does not always have to be be decisive value.

Blacklist always consulted when borrowing money

Blacklist always consulted when borrowing money

The fact is that when borrowing money, lenders should always use the blacklist. In addition to being an obligation, it is also just that the blacklist ensures that lenders do not go wrong by giving someone a loan that is actually not suitable for this. After all, someone is not wrongfully on the blacklist, so that means that borrowing money for such consumers is often not very convenient to do. However, many people are not entirely sure whether or not they are on the blacklist and you can always try to borrow money. If this is not the case and you are blacklisted, for example, you will hear this automatically.

If you are on the blacklist, you will have to accept that borrowing money may not be wise, but that it will in any case be very difficult if you want to continue borrowing money. Official agencies always look at the blacklist, so you will understand that if you still want to borrow money you have to do this with an unofficial lender. You can think of a private individual who is willing to lend you the money. In that case, it does not matter whether you are on the blacklist, but borrowing money privately is of course also not the most ideal way of borrowing money.

Borrow money blacklist and borrow privately

Borrow money blacklist and borrow privately

Actually, lending money privately is one of the best options you have regarding being able to borrow money while blacklisted. That is not without reason, because borrowing private money simply creates a mutual agreement between you and the person who will lend the money. So this is not the official way of borrowing money to walk, but if the blacklisted listing leaves you with nowhere else to go, you don’t have a lot to choose from, except of course you just choose to borrowing money completely and not to do it. You may also wonder why you ended up on the blacklist and whether you should try lending yourself money, but that is another story, of course. It seems to be the best to try it despite a possible blacklist listing with a regular lender. Perhaps your application will be handled smoothly, because for this a lender will also look at the complete picture. If the blacklist listing gets in your way, you will hear this of course.

If you do not have the slightest idea whether you are on the blacklist, it is also possible that you check this yourself. This will at least save you the time and effort of comparing loans. On the other hand, a blacklist listing does not always have to be a barrier to borrowing money, so with the knowledge that you are on the list you do not get that far in that respect. As mentioned earlier, lenders will of course let you know if the listing is a blockage for your loan, but this is always assessed from situation to situation, so that it is certainly not a hopeless thing in advance and you will therefore always be free can target quotes and apply for the best loan you have found. If it becomes nothing with borrowing money because you are on the blacklist, you can – if you have also found other good loans – always try your luck elsewhere for a loan.

Need a Business Revolving Credit fast?

In addition to a business loan, there is another form of business financing: business credit. The difference between these two forms of credit is very important. A business credit can be seen as an amount that is already available at the bank. This amount can be withdrawn up to a fixed limit.

The borrowing party decides when an amount is withdrawn and how much it is. Interest must be paid on the withdrawn amount. Business loans are therefore one fixed amount that is (partly) drawn when the borrowing party needs it, as long as the term lasts.

A business credit can be applied for by an entrepreneur when a large one-off payment has to be made. One of the most important aspects of a business credit is the interest rate. Because it can differ per lender, it is always good to compare the different providers of business loans.

Apply for and take out business loans

Apply for and take out business loans

After comparing the different business credit providers, a business credit can be requested. In most cases this is not a difficult process, but it depends on the amount borrowed. There are providers who provide up to 250,000 euros online. Above that amount, there are often several steps involved, for example a conversation with the lender itself.

After applying for the business credit, the provider will look at a number of issues, including:

  • The industry in which the entrepreneur is active;
  • The entrepreneur’s experience;
  • The financial health of the company;
  • How much money is borrowed and what it is for.

When the application is approved by the lender, the amount of money will be with the provider after a short period. From that moment on, the entrepreneur can dispose of the business credit.

Calculating a business credit

Calculating a business credit

Costs are involved when taking out a business loan. In addition to the amount to be repaid, more costs will be charged. Interest is an example of this. This is only calculated on the amount withdrawn. Often this percentage is between five and nine percent.

This interest is spread over different periods. As time goes on, the interest rate decreases. How much is repaid in the month can be determined by yourself. This repaid amount can then also be withdrawn.

Information about a revolving credit

Information about a revolving credit

A business revolving credit is a loan in which the entrepreneur can withdraw money at any time. The limit that was agreed upon before taking out the loan applies. A difference with a ‘normal’, short-term business credit is that no end date is agreed. There is therefore no term to maturity with a revolving business credit.

A revolving credit is suitable for entrepreneurs who want more financial space and are not bothered by the variable interest rate and flexible term. Revolving credits are often requested for a long-term vision, for example the construction and maintenance of a fleet.

Frequently Asked Questions

What is a business credit?

A business credit is a loan in which the borrowing party decides when the money is withdrawn and how much is withdrawn. Where the amount for a business loan is paid out in full at the beginning, the amount for a business loan remains with the lender. The borrowing party decides when an amount is to be withdrawn. Interest is then determined on the withdrawn part.

For whom is a business credit suitable?

A business credit is suitable for anyone who wants to make a long-term investment within the company. A business credit can be applied for by entrepreneurs with a VOF, a sole proprietorship or a private company, after which it is checked whether they qualify for this. The lender then tests the creditworthiness of the borrowing party.

How do I apply for a business credit?

You can apply for a business loan from a lender. It is useful to compare the different lenders in advance, because important aspects can differ per provider. It is often possible to apply for a business credit via the internet. The application will be approved or rejected, based on, among other things, the financial health of the company. When the application is approved, the money will be available to the lender after a short period of time.

How much is the interest on a business credit?

The interest on a business credit differs. This interest depends on, for example, the creditworthiness of the entrepreneur. The desired term also influences the interest rate. In addition, the interest on a business credit is not fixed, but variable. This means that this percentage can fall or rise during the term.

What is a business revolving credit?

A business revolving credit is a credit for which no end date has been set in advance. This means that there is no term to maturity for the loan. In this case, the borrowing party can withdraw money as long and often as it wants, as long as it is repaid. This form of credit is often used for long-term renovation.