Borrow money without a bank
Nowadays only a small percentage of all loans are taken out with a bank. Over the years, numerous companies have emerged that are affiliated with the AFM, but do not serve as banks. With these lenders you can therefore only take out a loan, but not, for example, close a savings account.
No BKR check
Despite the fact that these lenders do not act as a bank, they are therefore affiliated with the AFM. In the event of non-payment, these lenders will also report this to the BKR, after which you will receive a negative BKR assessment. Of course there are also options to borrow money without a bank or lender, we call this 'private borrowing'.
Borrow money privately
With ' borrowing private money ' you borrow money from a private lender and therefore not from a bank. The advantage for you is that the interest rates with a private loan are almost always a lot lower than with a bank or lender. In addition, you do not run any risk of a BKR check or registration, since private investors are not affiliated with the AFM.
Clear agreements with private loans
Of course, when borrowing money privately , it is important that all agreements are clearly recorded. When it comes to large amounts, we recommend that you have the agreements recorded at a notary. These agreements state, for example, the interest rate and the amount of the monthly repayment.
Borrow money quickly without a bank
Borrowing money from a bank often takes a very long time, because many procedures precede it. In most cases, there are no such restrictions with the loan form 'mini loan'. The mini loan can usually be taken out within 10 minutes, after which the money is immediately in your account. The maximum loan amount is approximately $ 600 to $ 1000 and the term of the loan is 15 to 30 days. More information about the Mini Loan can be found here .