So as you may already know borrowing money without BKR testing is very difficult. But nowadays there are more and more possibilities. When you are registered with the BKR you can no longer go to all parties for a loan.
Borrow money with BKR registration
BKR stands for Bureau Krediet Registration and is based in Tiel. The BKR keeps track of who has a credit and whether he / she meets the payment conditions. So they help people to prevent them from getting into trouble. However, sometimes you can get a BKR listing unlawfully, this BKR code also remains for 5 years. Borrowing money with BKR registration can be very difficult, but there are providers who offer a solution. This is often not a form of cheap borrowing.
Borrow without BKR review
The BKR assessment involves requesting data from the CKI, only organizations that are affiliated with the BKR do this. The CKI is the Central Credit Information system in which personal and credit details of people are registered. The data is:
- Personal data: Birth name, Initials, Date of birth, Address, City
- Credit details: Amount (or limit), Important dates in the agreement, The type of agreement, any details (such as payment problems)
A number of conditions apply to requesting data from the CKI. For example, the BKR assessment cannot be performed by every body, in addition there are situations in which an assessment is not necessary either.
Only participants in the BKR can test your data. These are more than 200 organizations that can consult the CKI. This list of participants is made available on the BKR website.
Borrow money without BKR review
Nowadays there are also many parties where you can borrow without a BKR review. Borrowing money with BKR seems to be the solution for you when you are registered, but pay close attention to the risks involved. For example, the costs for such a loan are often very high and you cannot fall back on anything when you run into payment problems. Nevertheless, there are often opportunities at various parties for borrowing without BKR testing. There are a number of reasons for this:
- A company wants to provide as many loans as possible and therefore takes a large risk
- A company compensates for the risks with very high interest rates
- Because of a good relationship, the company finds testing unnecessary
What do companies take into account for borrowing without BKR testing?
The most important thing for BKR lenders is that people can still pay off their loans and pay the interest. For this they take a good look at your personal and financial situation. Only the following information can be requested from the CKI:
- a flexible credit
- installment products (mail orders)
- credit limit on your checking account
- credit card
- mobile subscriptions
Your payment history when borrowing without a BKR check
At the BKR the payment history is only kept in the form of special reports, if there is a backlog, or a recovery. A backlog is kept from 2 months. This is indicated by the letter A (backlog). When the backlog has been made up, this is indicated by the letter H.
Further personal details such as your income, housing costs and savings are of course not registered. BKR lenders will ask for this so that they can make a good risk analysis.
Who can perform a BKR assessment loan?
A BKR test is carried out by lenders where you can take out a loan. To satisfy a BKR test, a lender must participate in the BKR. At present 214 parties are members of the BKR, they can perform a BKR review. You can always find these parties on the official website of the BKR. This concerns financial parties but also, for example, telecom providers. A BKR test is not always carried out when borrowing money. Borrowing money directly without BKR testing is therefore certainly possible with some providers.
Borrow money with BKR registration
Because borrowing money with BKR registration has a higher risk, borrowing money with BKR does have a number of disadvantages:
- It is more difficult to find a lender
- You often receive a very high interest rate
- It is harder for you to fall back on certain aid agencies
Revolving credit without BKR assessment
If you are looking for a revolving credit without a BKR check, you can go to the same providers as described above. The same conditions also apply to a revolving credit without a BKR assessment, such as a higher interest rate. However, a revolving credit is absolutely possible without BKR testing, but you must look for a suitable provider. Your revolving credit usually consists of a variable credit amount, which is why it is wise to step in with a low credit amount, so that you are more likely to get a revolving credit without checking. You can also request a credit card without a BKR review, this looks like a revolving credit.
Personal loan without BKR review
However, a personal loan without BKR testing is another story. A personal loan has the feature that it is often suitable for a larger loan amount with a longer term. This makes a personal loan without BKR assessment very difficult to achieve. However, there are also lenders who allow this for a personal loan without BKR assessment. Be well informed, request various quotes and you will automatically hear from your lender that your personal loan has been accepted without BKR verification.
Borrow with BKR registration
As previously indicated, there are now many opportunities for borrowing with BKR for borrowing with BKR registration. For example, you can go to parties that do not perform BKR testing, but there are disadvantages to this. You can also take out a mini loan for a small amount. In the case of a mini loan, no BKR assessment is carried out because of the short duration and the low amount, because this is not required by law. A mini loan can also have disadvantages, so you must read the conditions carefully. Borrowing with negative BKR registration is therefore possible, but you must pay attention.