You can apply for a loan if you:
If you have a temporary residence permit and you can afford to take out a loan, the maximum term of your loan will correspond to the term of your residence permit.
“If you have a partner, it tends to be more cost-efficient to take out a loan in both your names. This will usually result in a lower interest rate.”
Remco, Senior Loan Officer at ABN AMRO
There’s more to a loan than just repayments and interest. How does the bank deal with additional repayments, for instance? And what would happen to your loan if you were to die? Find out what to look out for if you want peace of mind.
If you take out a loan of € 250 or more, you’re assigned a positive credit listing. If you make your repayments as required, this listing won’t have any consequences for your credit rating. If you fell behind on your payment obligations at any time during the past five years, you’ll be assigned a negative listing, which makes it more difficult for you to borrow money.
