Today it is still possible to borrow money, but it has become much more difficult due to various issues such as the financial crisis and also because many private individuals have a negative registration with BCR in Tiel. If you are registered with the BCR, borrowing money with BCR can sometimes become tricky, especially when you do not know how to apply with a negative BCR registration.
A BCR registration what now?
Even when you are registered with the BCR there is no man overboard, only it will be a bit more difficult because many lenders do a BCR check. There are no detours, in this case it is only possible to go to a lender who does not perform a BCR check.
When a lender does not perform a credit assessment, you must count on the fact that the loan you will take out is probably a so-called mini loan. This loan is therefore “THE” way of choice when you are looking for a way, such a loan is quickly arranged, but you will also have to repay the borrowed amount within a few weeks (which is the disadvantage). The advantage is that borrowing money is possible, and the disadvantage that you will have to pay it back quickly.
In general it is only possible to take out a direct loan online without BCR testing. Often these loans are for small amounts below 800 USD. With these small loans (an amount below 800 USD) this will not be reported to the BCR because the amount is small, and the risk that the lender will not get his money back is nil.
Find a lender the old way.
Of course there is another way that you can borrow money much faster, and this is the old and well-known way of going to family and friends. You usually do not pay interest on the borrowed money, and your loan will not be registered anywhere. So if you want to borrow money quickly, and you don’t feel like a mini loan, then borrowing money from private individuals may be the best way.
To set up a business, a large loan is sometimes required. If the business plan looks good, you can always find investors. Many banks are willing to borrow money if they see a future in a company. But even as a private individual, money sometimes has to be borrowed. Often to make major purchases, or to deal with heavy blows.
If you want to make a large expense, such as buying a car, it may be that you do not simply have this money in hand. In this case, loans can be the solution. As a private individual you can take out a loan with a bank or other lender and you can buy the car that way. The money must then be paid in smaller amounts (usually monthly).
If you have to borrow money as a private individual, this can sometimes be a bit more pressure than when you want to start a business. A company can also wait a week, but if you need a car to go on vacation quickly, or your roof has collapsed and the winter is about to come, it is certainly useful to take out a personal loan quickly. Depending on whether the sudden money emergency will be foreseeable, there are a number of solutions. If you see in advance that you will soon have to spend a lot of money, a revolving credit is probably the best. You can then request your money quickly any time. If it comes very unexpectedly, it is quickest to go to friends or family. Lenders generally need at least a few days, even though they call it borrowing money quickly , yet it takes some time before it is actually in your account.
Of course there are many more options that can make borrowing money fast for everyone, and you can of course find it on our website.