If you can use a little extra financial space, it is nice to know whether you can apply for a loan. It is not possible for everyone to borrow money if this is necessary. A cause may be that you are registered negatively at the BKR in Tiel or that your income is not sufficient to repay a loan. Whether you can borrow money depends on your personal circumstances.
When can I not borrow money?
If you want to borrow money there are many options. But there may not be one option that you can use. For example, if you want to request a personal loan or a revolving credit, you will find that strict rules apply. These loans therefore involve amounts that are quite high. You should think of amounts in excess of € 5,000. However, there is always a possibility to borrow money through the mini loan. With this small loan it is even possible to borrow money if you have a negative BKR registration. The disadvantage, however, is that you cannot borrow more than € 1000 with the mini credit.
Small loan without BKR
If you want to borrow money, you can request a mini loan of up to € 1000. For many people this amount is just high enough to create a little more financial space. The mini credit is also frequently requested because the amount helps many people out of trouble. With this small loan you must realize that the term on the loan is not too long. After a maximum of 60 days, however, you will have to repay the borrowed money to the lender’s account.
Borrowing money is therefore always possible
So, as you have read, anyone can borrow money. Whether or not you have BKR coding, a permanent job or not, you can borrow money with the mini loan. For you, you should bear in mind that in certain circumstances it is better not to borrow money. Borrowing money costs money and the borrowed money must of course be paid back. So never borrow more than you can pay back and pay back the loan on time.
How much can I borrow?
Now that you know that you can borrow money, you naturally want to know how much you can borrow. This depends entirely on your income and your fixed costs. When applying for a loan you will therefore have to state how much you earn and what your fixed costs are. The lender will assess your application on the basis of this. With the mini loan this is different, if you apply for this loan you can in most cases borrow the maximum amount. Here too you will have to submit an application and it will be approved in almost all cases.