Faqs - Frequently Asked Questions - Borrowing money and loans

All frequently asked questions.

We are happy to provide answers to questions related to loans and credits. vmnassociates.com also offers extensive information about all kinds of loans and about different credit providers. Below is a list of questions and answers about loans that are often discussed.

What is a prepaid credit card?

A prepaid credit card is a fully-fledged card for making purchases. However, a settlement will take place immediately. With a regular credit card, the payment shifts to the ...
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Is a credit card possible with a blacklisting?

It is not possible to obtain a credit card from a bank if it is listed on the blacklist. However, it is possible to request a prepaid credit card ...
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Are there no options at all to borrow money from a blacklisted listing?

There are situations in which it may still be possible to apply for a loan. A bank usually refuses immediately upon registration on the blacklist. If there ...
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Is it possible to get a loan if i am blacklisted?

It is not possible to have someone on the NBB blacklist apply for credit from one of the lenders. This simply for the reason that ...
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Is it safe to apply for credit online?

When applying for a credit, it is customary to enter personal information. There is always a secure environment to provide personal and financial information ...
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What are the conditions for taking out a loan?

There are several conditions for taking out a loan. In principle, anyone who is 18 years or older has the option to apply for credit. Possibly ...
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Borrow money via credit card

A credit card is useful for making purchases. When obtaining a credit card, you must register with the Credit Central of the National Bank ...
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Borrow money from a retail chain

There are many more options available to borrow money online without a bank. For example, it is also common to buy on credit at a store. Then there is ...
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Borrow money based on crowdfunding

Borrowing money based on crowdfunding is also an option. Various initiatives have been started to offer private individuals the opportunity to borrow money from other private individuals. For example, there are ...
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Borrow money from family or friends

It is also still possible to borrow money from family or friends. There is no need for a bank to be involved. It usually concerns ...
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Borrow money for a car outside the bank

Buying a car is often done on the basis of financing. For whatever reason, it is an option to borrow money outside the bank for ...
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Compare credits

Of course, it is always smart to compare credits. For example, to discover where the cheapest options are available. Furthermore, it is not very unwise to use a ...
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Central for credits to individuals

The Central Individual Credit Register is part of the National Bank. This involves registering all loans and credits to consumers. In addition, there is ...
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Borrow money online outside the bank

There are several lenders who do not act as a bank, but do offer the opportunity to borrow money. This includes offering money reserves with or ...
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Borrow money without a bank

Borrow money online without a bank. Is that an option? It is certainly an opportunity to borrow money without a bank. The own bank often uses high interest rates. Or perhaps ...
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Sale of old house

After the sale of the old house, money is released to pay off the credit. It is important to be aware of the conditions ...
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Costs of a bridging loan

The interest is part of the costs of a bridging loan. There are also other costs involved. For example, it is possible that there are file costs or a reservation fee ...
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Maximum loan amount and other characteristics

With a bridging credit, there is often a maximum loan amount that is based on the sale value of the house. In addition, it is possible that there is ...
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Comparing bridging loans

Comparing bridging loans is advisable to in any case save on the costs of borrowing. There are quite a few differences between the providers. Obviously ...
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Financing a renovation

It is also possible to apply for a loan to finance a renovation. Or for a renovation. This specific form of credit is available when ...
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When does a bridging loan offer a solution?

A bridging loan offers a solution in any case to bridge a period before the sale of the old house. There are a number of characteristics that apply to the connection credit ...
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Bridging loan

The bridging loan is a common form of credit to bridge the period of the sale of the old house. The credit is specifically intended for a situation where the ...
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What is a bridging loan?

A bridging loan is a credit that is available when buying a new home and selling the old home. There is often time between buying a ...
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Zero period

The legal period for the zero period depends on the credit limit. The zero period is 1 year if the cash reserve is less than 3,000 US dollars. With a cash reserve of more than ...
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Simulate cash reserve and make a comparison

Making a cash reserve comparison is definitely recommended. This is possible on the basis of the APR. This cost percentage is stated at the credit opening and includes both ...
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Money reserve

Money reserve is a topic that quite often raises questions. For example what it is exactly. It is a credit opening with a flexible character that is reasonably expensive. It is in fact ...
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Are there options for another loan if I already have loans?

It is always possible to investigate whether it is advantageous to merge the existing loans into a single loan. That leads to a better overview and even ...
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Is it possible to repay the loan earlier without additional costs?

It is possible to repay a loan earlier without additional costs. This is arranged through legislation. As far as the interest owed is concerned, this applies to ...
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How does the repayment of a credit work?

The method of repayment of the credit is stated in the loan agreement. The reimbursement takes place on the basis of a permanent order. There is a direct debit of ...
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Do I get a loan with temporary employment?

It is possible to take out a loan on the basis of temporary employment, but conditions do apply. For example, it is possible to provide a loan if ...
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Do I get a loan with my interim contract?

It is possible to get a loan with an interim contract, but there are a number of requirements. For example, that there is at least two years with the same ...
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How old do I have to be to take out a loan?

The minimum age to take out a loan with a lender is 18 years. In addition, there must be a permanent employment contract and seniority of at least ...
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If the loan has not yet been paid off and I die, what happens?

There are guidelines based on the law that apply in the event of death and if a loan has not yet been paid off. By the way, it is possible to ...
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What are the costs for taking out a loan?

The annual cost percentage indicates what the costs are for a loan. That is the interest on the loan amount. It is always possible to use simulation ...
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Can I also take out a loan as a self-employed person?

As a self-employed person it is indeed possible to take out a loan. It is true that you must be self-employed for at least 2 years. In addition ...
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What does consultation and registration with the Credit Central of the National Bank of US mean?

Information on loans to consumers in US can be found in the Central Credit Register of the National Bank of US. This includes personal loans, credit cards and ...
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Am I eligible for a loan if I am blacklisted?

It is not possible to obtain a loan if it is listed on the black list. This concerns a listing for overdue repayment. The ...
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FAQ