To borrow money you need fixed income. In addition to a permanent job, it can often also be a WIA / WAO / Wajong / AOW benefit that does not require re-examination. You need at least the following items. Make a copy of the items below on your mobile or computer.
– minimum age 18/21 years
– recent salary slip
– housing costs (is stated on your bank account)
– personal data (ID card)
Credit Score review
With this data one can apply for a loan. The easiest way to do this is via the internet. The bank then checks the data and searches in the database whether they still have outstanding debts. This could be another credit, a credit card debt, a debt at a mail order company or at a store. If your income is large enough to pay the house and the fixed costs, the bank gives a loan. The more spending limit there is, the higher the loan will be.
Which loans is best?
This depends very much on what you want to do with the loan. Many people find it pleasant to always have some money on hand if needed. In that case a revolving credit is best. If you do not want to have any debts, you can better take out a personal loan. A fixed amount is then deducted every month and nothing can be added. Borrowing online from an internet bank is the cheapest (interest is 4.4% -10%). With the larger banks, interest rates are around 10%. At TendaT, shopping on credit costs 14% -15% of interest on the outstanding debt.
Request credit card
Do you occasionally need extra money (for example on holiday or for online payment) then take a credit card . At ING you get a credit card if you have 650 euros of monthly income on your payment account. The credit card costs € 17. The credit card’s spending limit depends on the income. The most famous credit card in the world is the VISA Card. This card is accepted in over 200 countries and can be used almost anywhere. The costs of the VISA Card are slightly higher than the credit card of the bank. However, the status of the VISA Card is much higher. Especially for travelers who regularly travel abroad, the VISA Card is the best choice.
How to borrow money with benefit?
People with social assistance can not borrow money from the ordinary bank. Even if you are in the unemployment benefit, it will be difficult. The municipality provides loans to people with a benefit via the municipal credit bank. You have to go through the office. The amount for a loan is up to a few thousand euros. Seniors with a WAO, WIA or Wajong benefit often have options at the bank. For those who need money urgently, a mini loan can offer a solution.