Social conditions for a loan

The loan can be an alternative to costly mortgage loans often vendor specific. Who wants to borrow from a bank to comply with certain requirements. In this article we will deepen the conditions of this special credit to qualify.

The amount you can through the commercial mortgage loans ranges from a minimum of 225 euros to 25,000 euros. You pay an interest rate not much different from the rates of the "normal" commercial banks. That's surprising. It is a risky goal. He can charge a market rate because they have no benefits. These banks do not conform to their customers and look to win, but if a loan is justified.

Even with encryption BKR
The loan is a social good alternative to the often expensive loans from suppliers such as booba and Ferratum or providers of so-called BKR loans. For example, for people who do not belong to a 'normal' because the test bed of a negative BKR code. Germany NVVK Jaarsma's Report: "Of course it does not offer a loan to someone who is deeply in debt. But who has committed a misstapje and therefore a delay in consolidation of the BKR has received, can be found at Often in the bank volkskrediet executions. "

Social loan terms
A social loan will be provided to people with incomes up to 130 percent of the minimum wage. This means that your gross salary does not exceed 1735.50 * per month. This amount is exclusive of holidays.
* Amount in 2008

Do you have a higher income, then you may qualify for a loan if social meet one of the following conditions:

* You have a backlog reported (encryption) to the BKR;
* It has been over-indebtedness;
* You can not borrow because no additional warranty (guarantee) you;
* You can not stop age of credit;
* You have a temporary residence permit

Where to apply?
Through the website of the SBN lets you check whether your city is connected with the Social Banks Canada. Is not this the case? Check with your municipality, where the nearest bank volkskrediet is