All posts by Martha Sprague

Your personal loan broker & credit pool

Online credit agency, Crediter will allow you to find a credit. Their advisors will help you choose the personal loan that suits you, wherever you are in Belgium.

Crediter, an intermediary credit company

Crediter, an intermediary credit company

Credit Broker in Belgium and Luxembourg, Crediter will allow you to carry out your projects and consolidate your credits in progress. Crediter will make available to you the amount of money you need without asking for justification.

Online loan formulas offered by Crediter

Online loan formulas offered by Crediter

  • Personal loan

    An installment loan, also called a personal loan, is the credit that will allow you to use your money without having to justify or move. You can borrow at Crediter between € 1,250 and € 100,000.

  • Ready works

    The loan works will allow you to transform your home as you see fit. You will be able to borrow from 2,500 to 75,000 € over a period ranging from 24 to 240 months.

  • Money reserve

    The money reserve, also called a credit opening, is the provision of capital in case you need money. It will allow you to buy what you want when you want it. This money reserve can vary from 1,250 to 25,000 € and remains accessible at any time.

  • Credit grouping

    Credit consolidation, also known as credit redemption, consists of collecting all your outstanding credits in one monthly installment. In addition to simplifying your life, the grouping of credits also allows you to lower your interest rates.

  • Mortgage

    Own even without own funds with the mortgage loan / Social loan / TOTAL 125% loan. Simple and fast online simulation.

  • mortgage repurchase

    With a mortgage purchase, Crediter will make your repayments easier. Both late and subsequent payments to the finance company with which you are indebted.

Restructuring loans through credit consolidation

Restructuring loans through credit consolidation

It is not always easy to maintain good financial stability. Especially when faced with a decline in income and in parallel, we have a lot of credits to repay.

In the case of risk of over-indebtedness, the grouping of credit can be of great necessity, not only to group all outstanding loans into one, but also to reduce the monthly payment that has to be paid every month. The credit pool thus gives the borrower the opportunity to renegotiate his loans, with the aim of being able to repay over a longer period.

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How does Financial Institutions affect the Microloans?

Anyone who wants to access the world of micro loans and wants to be a beneficiary of a credit of these characteristics must know several important concepts, among which is Financial Credit Insitutions. We will tell you, throughout this article, everything you need to know about it, so that you know in detail how it can affect you when applying for a low loan amount.

What is Financial Credit Insitutions exactly?

What is FCI exactly?

Strictly speaking, Financial Credit Institutions is a set of acronyms that responds to the National Association of Financing Entities (now called the National Association of Financial Credit Establishments). Founded in 1957, it is constituted as a business association that unites all the entities considered as financial institutions (this includes banks, financial entities, electricity and gas companies, insurance companies, telephone companies, publishers, public administrations …).

However, normally, when you name Financial Credit Insitutions, you are not talking about this Association in general, but about what it is best known for: your record of defaulters. And it is that this Financial Credit Insitutions File is constituted as the widest database destined to collect the identities of those that have ever failed to pay and repay a debt.

It must be taken into account that, in reality, Financial Credit Insitutions is not the only default file in Spain. Although it is true that it is the largest, the truth is that many others are commonly used by Spanish entities; stand out Experian and Badexcug, among others. As an illustrative figure, in 2011 the Financial Credit Insitutions registry had more than four million registered people, who together had a debt of over seventy billion euros.

In this way, although we only refer to Financial Credit Insitutions, the information that we will show you will be equally valid for all the existing files in the Spanish territory.

What is it for?

What is it for?

The main purpose of the existence and maintenance of this file is to assess the solvency of a natural or legal person. In this way, before granting us a loan, or providing us with telephony services or supplies, or any other similar service, the interested company consults the file, in order to check whether the potential client is included and thus know the risk of hiring with the.

In short, it allows financial institutions to know the greater or lesser confidence that they can provide to a potential client that requests their services.

You have to understand the huge profits that files of defaulters give to this class of entities. Since the beginning of the crisis, banks have lost millions of euros for having given loans to those who, finally, have not been able to repay them. As a result of these millionaire losses, they have hardened ostensibly the requirements at the time of lending money, and among them is to pass all the filters related to the records of defaulters.

How to know if you are included in the file?

How to know if you are included in the file?

Although, in response to the comments, it is very common to think that you have to have unpaid many debts and for a long time so that your name appears in the file, the reality is very different. The truth is that, with you have stopped paying once, it is likely that your name has been immediately included in the record.

And, although the Law requires that in order to be considered a true defaulter, a certain and enforceable debt must have been due for a period of 6 years; The reality is that Financial Credit Insitutions has been condemned many times for not respecting these demands. Thus, although it should only include the names of those who are fully insolvent, or bad payers in general, or large defaulters, it is sufficient not to pay a telephone or electricity bill to become registered in the file.

In this sense, it is very common to be included in this registry, since who has not stopped paying for any reason, a debt? Now, to be able to leave doubts definitively, the ideal thing will be to directly consult the content of the file, to which we can accede through several ways.

Among them is to call each file of defaulters by phone, one by one; or to send them an email. Thus, with respect to Financial Credit Insitutions, their contact telephone number will be 917814400, although they will also have a physical office in the capital, on calle Velázquez number 64.

However, in order to save you time, we recommend you go directly to a company dedicated to the automatic query of all files. They simulate the same analysis that, for example, a bank would perform when assessing the concession or not of a loan for you. The most reliable company when it comes to performing this kind of tasks is eInforma.

You should not lose sight of the fact that both physical and legal persons can be included in Financial Credit Insitutions. In this sense, if you are the owner of a company that has stopped paying any debt, it will also be included in the file, so you can not be a beneficiary of the services of the entities that consult the registry.

Is Financial Credit Insitutions really legal?

As we have said, Financial Credit Insitutions has received several convictions for committing offenses against the honor of individuals, since it does not strictly comply with the Organic Law on the Protection of Personal Data and the guarantee of digital rights. However, these sentences have never gone beyond obliging Financial Credit Insitutions to erase the name of the complainant, so, in principle, this file has full legal consideration.

Now, it is also true that, thanks to that same law, in the same way that credit institutions can check the file, you can also access it for the purpose of knowing if it is included in it or not. The file, in this sense, is open to the public, being able to know if a person is in it if enough data are presented to look for it.

How to leave Financial Credit Insitutions?

How to leave FCI?

The ways of leaving the Financial Credit Insitutions registry are numerous and very broad. To address them in the most understandable way possible, we will structure them into three main points:

  • Exit through the payment of the debt: this may be the fastest way to erase your data from the file. Fundamentally, it consists of carrying out the fulfillment of the required debt, which will suppose the instantaneous cancellation of all the data that revolve around it, including those collected in Financial Credit Insitutions. This is established by Royal Decree 1720/2007.
  • Exit through the use of ARCO rights: another way to get your data removed from this kind of database is through the means provided by the Organic Law of Protection of Personal Data and guarantee of rights digital In this law, the right to access, rectify, cancel and oppose the use of our data in Financial Credit Insitutions is collected.

For this, the most convenient will be to use the form that is posted on the website of the Spanish Agency for Data Protection. Now, in order to carry out the exercise of this right, we will be required to make a false or unjust debt for which we have been included in the file of defaulters.

  • Exit waiting for the maximum term: this can be considered as the form to which you must accept as a last resort. In that case, in which you have not been able to satisfy the debt that is demanded of you, nor have you seen yourself in the position of being able to exercise your ARCO rights, the only thing left for you to do is wait. And is that current legislation requires Financial Credit Insitutions to delete the data of all those people who, having satisfied or not the debt, have already been registered for six years.

Financial Credit Insitutions and micro loans

FCI and micro loans

As we have said before, traditional credit institutions, as a result of the consequences that have suffered as a result of the economic crisis of recent years, have hardened to a large extent the list of requirements that required all those who wished to be their clients. .

Among these requirements is that of not being, under any circumstances, included in the Financial Credit Insitutions or any other record or file of defaulters. Thus, it can be affirmed that if you are inside Financial Credit Insitutions, the traditional financial institutions will never take you into account and you will never be able to be a beneficiary of any of their credits.

However, in the face of this problem, it is worth mentioning the existence of so-called microloans.

The characteristics of microloans

The characteristics of microloans

In general terms, a microloan is that credit that, without exceeding eight hundred euros, is returned before six weeks.

Thus, together with the aforementioned elements relating to the amount and term of repayment of the loan, a loan in these conditions is characterized by other issues.

Among them, you will be interested with special relevance regarding the requirements to which they are linked. And it is that these are very few and easy to fulfill. In general terms, you will only be required to be in possession of a mobile phone and a Spanish identity card. Depending on the amount of the loan you request, you may also be required to prove that you are available from a reliable and stable source of income, with which you can deal with the future refund of fees.

In relation to Financial Credit Insitutions, microcredits will also be characterized by being able to be granted even if you are included in a file of defaulters. Thus, while traditional credit institutions will deny you any help if your data are collected in a debtors register, this will not happen if what you want is to request a microcredit from specific entities that are intended to grant this type of loan.

The usefulness of microloans

The usefulness of microloans

Starting, therefore, from the consideration that obtaining a low loan from the hand of companies aimed at this is a very simple challenge, the utility is more than understandable.

And they can not only serve you to deal with an unexpected or an urgent payment (that too), but to make a break, a trip, a break or anything else. Imagine that a set date is approaching and you still do not have money to buy the gift from that special person; imagine that you are granted vacation, but you do not have enough money to buy the flight destined to that place you have always wanted to visit … in front of all those cases you will find the microloans, which will be your friends.

In this sense, the usefulness of microcredits will be infinite, since infinite will also be the existing ways to spend it.

The speed of microloans

Along with its lax requirements of concession and its undeniable utility, as an advantage of the credits granted independently of Financial Credit Insitutions, we find its speed.

In just 48 hours from the moment you start the loan application, you will enjoy the money in your account, if it is granted. In this sense, in the face of the endless deadlines that are normally linked to traditional loans, the microloans will be a child of the digital age and, with it, they will go at the speed of light.

It will not be necessary to go to an office, or fill out infinite forms or anything like that. Just by accessing the web page, filling out a short application and submitting your data, the request can be managed and the money will fly quickly to your bank account. This will allow you to solve your urgent payment problems, or make short-term plans or, in general, be able to use the microloan money granted for everything you need.

In short, being included in the Financial Credit Insitutions defaulters file will be a problem for you if you want to be a beneficiary of a traditional loan. However, in the face of this issue, the micro loans will be placed as the most convenient option, because you can be a beneficiary of them despite being included in the registry.


When do you need a 13000 Euro loan?

13000 euro loan

13000 euro loan

There are some loan amounts that you need again and again, but which are very difficult to obtain through traditional loan offers. The sums are too big for classic installment loans, but they are not covered by special earmarked loans – at least if you’re not demonstrating creativity and tricking. A classic example of this is a € 13,000 loan – you may know this amount from the field of car finance. In fact, it is needed much more often.

Applications: When do you need a 13000 Euro loan?

Applications: When do you need a 13000 Euro loan?

There are several scenarios when you need a loan of 13000 euros. Thus, it has been shown that many renovation or modernization work in the house and apartment that you can do yourself move in this area. If you want to completely re-stock your own four walls with furniture, you usually end up priced in a similar area. Even dream holidays can easily cost a five-figure amount – especially if you do not do it alone. However, the most common use of a 13000 euro loan is for the purpose of rescheduling.

The problem is the duration: Most banks limit their loans to a maximum of 84 months. If you are unable to pay the 13,000 euros (plus interest) within the seven years because the installments have become too high for you, the money house usually denies lending. Unless you can suggest a sound financing plan.

So you get a 13000 euro loan

So you get a 13000 euro loan

The easiest way to get the $ 13,000 loan is to increase your monthly installments. In other words, you should not take the loan alone, but for two. If both people earn, your financial leeway should be enough to pay off the installments. Expect a monthly burden of just under 200 euros.

Alternatively, you can ask the bank to consider extending the term of the loan. Depending on the profession you belong to, you may find it comparably easy: for example, teachers can take out a civil servant loan, which can cover up to twelve (sometimes fifteen) years.

If you do not need the money completely but need to fetch it gradually, you can try to split the loan amount into smaller parts and take them one after the other. If you repost, you usually pay for real estate or vehicle financing. You can then argue that the 13,000 euro loan basically takes on the role of the old loan.

13000 euros to get credit over the financing trick

13000 euros to get credit over the financing trick

If the above systems are not suitable for you, you can work with the funding trick that the bank will probably suggest anyway: you only pay a fraction, say 50 percent, during the term. The rest of the loan amount will be due at the end. Here you simply take out a new loan to pay off the loan. However, you should know that you will pay significantly more on the interest in this way than if you could repay the loan in one go over the term.


Credit or personal loan: how much can I borrow?

The many projects that we would like to achieve over a lifetime, lead us to contact credit agencies for a loan. The first point that is discussed during a meeting with his creditor is “what is the amount of your personal loan? And “how much can I borrow”?

How much can I borrow for my personal loan?

How much can I borrow for my personal loan?

The range of personal loans of Belgian financial institutions ranges from 2,500 to more than 70,000 depending on your means of repayment. Regardless of the reasons for your personal loan application, you will get an amount based on your financial situation.

The important points of personal credit

The important points of personal credit

The cost of the projects we are considering is the first reason for applying for a personal loan. Credit agencies do not ask for any specific proof for this type of loan. This is not a reason to jump into the void, borrowing a gargantuan amount from creditors.

Indeed, it must be kept in mind that you will have the DUTY to repay this loan with an interest rate. The latter will vary, of course, depending on the amount of the loan. Which also means that the bigger the loan, the more the monthly payments will be spread over a long period. A detail that must, of course, be taken into account before indicating the amount of his personal loan.

Like any form of credit, a personal loan commits its debtor to monthly charges and an annual percentage rate of charge. The average APR in Belgium is around 5.7 to 15% of the total capital. What will push you to analyze the details, such as: How much can I borrow for a personal loan? A comparison of the bank rate is also strongly recommended for this type of initiative.

How do you get a personal loan?

How do you get a personal loan?

Personal loans are among the most solicited credit types with banks. Financial institutions do not require any specific proof for these forms. However, you have to be eligible for certain criteria to obtain a personal credit. But how much can I borrow?

Filing a personal loan application with your bank is the first step. The credit agency will then analyze your file closely to see if you meet all of their criteria. In other words, check you have the means to repay the entire borrowed capital. In order to better support your file, you can proceed to a careful study of your application by establishing your own financial expenditure table, along with monthly payment reports. This initiative will give you an overview of your current financial situation. From there, if your daily expenses such as bills: energy, fuel and transportation; expenditure on food; the rent; etc. are counted, how much will you have left? By deducting all these obligations from your monthly salary, you will get a monthly loan payment option as well as the sum of the loan in general.

As with any file submitted to a financial institution, salaries and title deeds will play a major role. If your financial situation is stable and you have assets that can serve as a pledge, you have positive elements for your personal loan application. Since couples usually make personal credit requests, the information on both spouses will also help make the case more eligible for a personal loan.

The precise amount of the personal loan

The precise amount of the personal loan

There are several ways to set the exact amount of personal credit. The first step is to establish a quick calculation of your debt ratio. It’s about averaging all the monthly payments you have to make. There are also free tools that help individuals obtain their debt ratio.

Besides that, you also need to know the interest rate of the bank of your choice. With an online credit comparator, you’ll get the best bank offers at favorable rates. In doing so, you could submit to your creditor proposals for monthly payments that show that you have studied the issue at length. In addition, a loan at reasonable rates is the guarantee of a no-break repayment despite the existence of your other loans. In fact, the loans in progress, which you must pay must not in any way interfere with the monthly payments of your personal loan.

You will need to add to your analysis of your financial statement, the monthly payments of loans in progress. Once all the information is collected, the amount of the personal loan will appear without difficulty. It is also possible to use an online credit calculator for other equally relevant details.

Once you have chosen your bank, you will need to make sure you stay on top of your financial state. All these analyzes will have to allow you, to choose the ideal amount, to save money, to regularize your expenses and especially, to honor your responsibilities and engagements towards all your banks.


What differentiates fast loans?

Fast loans are becoming more common, and more and more people go to them to get some solvency without loss of time. It’s a loan, it’s money, and it’s personal. So, how are fast loans different from conventional personal loans? Lets go see it.

The amount

The amount

Personal loans are designed for high amounts, usually more than 3000 euros, and can amount to many thousands of euros. They are, of course, for large financing needs (buying a car, doing large works at home, buying a property, etc.).

On the other hand, the quick credits handle more modest amounts of money, in general between 200 and 1000 euros. They are, therefore, for smaller but much more immediate needs.

The paper work

The paper work

Getting into a personal loan is getting into a long chain of bureaucratic procedures, reports and analysis. A lot of documentation is needed. It is not uncommon for weeks to pass before the loan is confirmed.

In the quick credits, the paperwork is a few basic data and requirements, without more. The entire process can be done in a few minutes and, almost always, you are granted the loan on the same day or even in less than an hour.

Return periods

Return periods

Personal loans are designed looking at the long term. You ask for a lot of money and you have a long time to return it. Quick credits work more with the immediate. As they are granted without delay, you have to return them in the short term. One, two or three weeks is a very common term. In general, the maximum available is usually six or eight weeks.

Interests and fees

Interests and fees

The interest rate, for personal loans, will change depending on our economic circumstances and solvency; thus, the cost of return can be greater the smaller our assets.

In the quick credits we know in advance the fees that we must pay in exchange for getting the money, and they are usually around the figure of 1 euro per day or 1% daily.

Requirements

Requirements

In personal loans, the bank looks at credit applicants with a magnifying glass. Normally it is required to be a client of the bank, to begin with. Information is requested on payroll or pensions, solvency, a low or no level of indebtedness and, generally, a guarantee. Many times it is required to know the fate of money. It is not admitted to people included in the record of delinquent ASNEF.

In the quick credits each entity raises its requirements, but in general the minimum required is to be of legal age, have a bank account in which to deposit the money and some other condition for the management and payment of fees. Nothing else. Some companies accept defaulters, and in no case will they ask you the fate of the money.


You May Need Fast Money For Some Unforeseen

Having money quickly and instantly in times when banks have closed the credit tap is something that, many people, we like to hear. Financing to deal with serious unforeseen situations is possible thanks to this type of urgent, last-minute financing for all kinds of unexpected situations.

What situations can we suffer in which we will need urgent capital? Below, we explain some possible scenarios.

Fast and last minute money: situations in which we may need urgent capital

Fast and last minute money: situations in which we may need urgent capital

Having financing at all times of the day, 365 days a year, is possible. Urgent money that gets us out of a hurry, normally, in most of the following situations.

Housing problems: face them with quick money

Housing problems: face them with quick money

A serious breakdown in the home (broken pipes, open faucets, problems in the bathroom with moisture) can arise at any time. In these cases, desperation invades our body: we have a part of the house with problems and, in addition, we have to call a professional plumber or electrician, depending on the problem, so that the situation returns to normal as soon as possible.

In many cases, you do not have enough money and, before going to a bank office where the terms are extended, many people opt for urgent money as an outlet to these problems.

Last minute trip: whim or unexpected

Last minute trip: whim or unexpected

So much for unforeseen or capricious, we have to travel and, sometimes, we see an irresistible offer that we do not want to escape us. Some train tickets at a 70% discount, a hotel at half price or free cultural activities in other cities that encourage all types of trips. In these cases, do not fear: having last minute money is possible and in a few minutes you can choose the best option.

Vehicle breakdown

Vehicle breakdown

If you are self-employed and you use the vehicle as a means of transport, or you use the car or the motorbike to go to work and an unforeseen event arises, in this case a breakdown, you have surely thought about the money that it will cost you to repair the environment. The mechanics are expensive and the losses or inconveniences generated by the problem can be high: getting up early to take public transport, not being able to travel to different important sites or, directly, not being able to carry out professional or economic activity. With last-minute credits we can deal with all these unforeseen events.

The death of a close friend

The death of a close friend

Dying also costs money. The death of a friend or relative comes, in some cases, suddenly. Therefore, to many people, we can ‘catch’ without sufficient capital to face all kinds of expenses, such as flowers, the hearse or the purchase of the coffin. There are many people who, given the situation they are going through in these cases, rely on urgent money.

Go to the dentist: unable to pay for services

Go to the dentist: unable to pay for services

Another problem that many families face is that of the dentist. Taking care of your teeth is not a whim and if we want to prevent oral problems from getting worse, we should go to the dentist and start as soon as possible the best care or treatment for our mouth. In most cases, the amount to pay to improve our teeth is higher than we think, so we must ask for help from credit companies. They are a good option to deal with all kinds of expenses.

Quick money to deal with all kinds of contingencies (breakdown in the car, problems at home…). Have you ever applied for an urgent personal credit in these types of situations?


Ecological loan, launched

loan

The new Ecological Loan , a proposal that forms part of the commitment that the aforementioned entity wishes to take in favor of ecology, the preservation of the environment, with the specific aim of achieving the reduction of CO2 emissions and consumption. energetic.

Ecological Car represents one of the options within our reach that, as its commercial name indicates, it is possible to obtain an amount of money to finance the acquisition of a new commercial vehicle or tourism that has the following characteristics: emission of a maximum of 120 degrees CO2 / KM, should be treated in turn of hybrid cars with internal combustion engine + electric, fuel cell and finally, electric.

Likewise, the opportunity to take out an insurance with a 15% discount in the first year and up to 50% discount for non-claims in the case of customers with more than 3 years without claims is recognized.

The new line of green loans extends to other consumption needs, not only for the purchase of a car but also for the purchase of household appliances, to finance energy-efficient home reforms.