Credit without proof for unemployed versus real estate loan for an unemployed person

Credit for unemployed in Belgium

Credit for unemployed in Belgium

Are you unemployed and want to make a loan for unemployed, a personal loan or an absorption loan? Is unemployment and a demand for credit compatible? Is it possible for an unemployed person to have a credit? This is the subject we will briefly discuss today. A person may be unemployed after years of work during which they have acquired a pleasant wealth (eg house, car, savings, securities account). If this unemployed person wants to apply for a credit, the credit intermediary (the broker) will carefully examine his / her patrimonial situation and will see to what extent he / she can find collateral.

Unemployed and financing in Belgium

Unemployed and financing in Belgium

First, it is essential to understand why it is so difficult to have a loan when you are unemployed. Without a job, you do not have a regular income and your risk profile is not desirable for most banking institutions. Banks are more willing to accept your request when they have guarantees that you will repay. currently, the banking institutions have very strict directives in the granting of the credits, in addition to the legal provisions (to be major and not to appear on the black listing of the National Bank of Belgium).

To access a personal loan even if you are unemployed, the ideal is to provide a contribution of 10% of the amount you ask the bank. But with the unemployment benefit that often does not exceed 1 400 euros, you already have trouble getting away with the rent and daily expenses. To remedy this, lean for a personal loan with downstream, asking for the help of a co-borrower who will vouch for your credit. Obviously, this individual must respect the conditions imposed by the bank and will not be filed by the National Bank of Belgium.

Unemployed loan tips

Unemployed loan tips

If after having tried all the above solutions, you are still refusing your request? We advise you to spend with a broker or intermediary in credit who can press and make your request even more serious than it already was. In some cases, it is mandatory to have the services of a specialist in this area. It can guide you to the best possible solutions for this type of financing. This will increase your chances of taking advantage of your request.

Possible loan alternatives for the unemployed in Belgium In Belgium, you can take a bank loan even if you are unemployed. The chances of getting a loan for the unemployed are rich for people who have fulfilled certain conditions. Possession of a personal contribution of the order of 10% of the amount requested facilitates your loan. If this is not your case, other options are imaginable. When you own one or more real estate, you can opt for a mortgage. This one requires the putting in guarantee of your goods. You can thus receive an amount equivalent to the actual price of the property pledged.

Unemployed credit is therefore something that is not unthinkable. It is enough, to some extent, to think about it but especially to gather the most beneficial elements like those mentioned above without being exhaustive, in order to finish seeing your unemployed credit attributed. The most important is to monitor its repayment capacity and borrow only the amount that is extremely needed.

Second solution for a person who does not have the opportunity to subscribe an unemployed credit, that to make play its real guarantee. This heritage property must be a property whose amount is generally equivalent to that of the credit requested. This solution gives the bank the opportunity to seize the property and sell it at auction if the customer can no longer meet his deadlines. A method especially effective in case of credit affected. We have seen some ways to borrow for one person for not employment, however, there are others.

When you see a request for credit, the lending group is forced to make an appointment with your financial income, they can be real estate. nVipa works with financial ferments specialized in personal credit for not payroll record. Your credit with sufficient real estate guarantee since 35. 000 €. Vipa sets up its expertise in credit management for people without payroll.

Here’s another tip to finish: If you absolutely must borrow money while you’re out of business, negotiate with your lender. If your negotiations fail, call a broker or, failing that, a social worker. Give him the proof that the school did not accept your request. Communicate also the file which defines your situation of unemployed person. Your employee will take the steps for you. He will know how to do it.