A no credit check installment loan is a short loan- get one now

A no credit check installment loan is a credit solution that allows you to borrow a specific amount so that you can finance one of your projects without supporting documents.

It can also be called a personal loan or consumer credit. These three terms mean exactly the same thing. A personal loan is an installment loan and also a consumer loan.

Difference between installment loan & personal loan ?.

Difference between installment loan & personal loan ?.

“Installment Loan” and “Personal Loan” refer to the same thing, they are very common consumer credits. The term personal loan is the most commonly used and means that you do not have to justify the use of the amount requested. The only thing is that the bank will check (like any loan) your ability to repay but rest assured, these checks are not as pushy as a mortgage. Generally, it is a fixed monthly payment and the sum requested arrives a few days after the online application.

Are the different personal loans available in Belgium ?.

There are many other loans in Belgium that can help you in your daily life or in the realization of your projects and ideas. For example :

  • the wedding loan
  • the holiday loan
  • the study loan
  • or any type of loan for the electronic object (tv, etc ..).

Insurance for your personal loan ?.

An installment loan may be covered by insurance.

It is for example possible to guarantee the assumption of your monthly payments in case of loss of employment or in case of temporary incapacity.

But also the total repayment of your credit in case of total disability, disability or death.

Think about it when applying for your loan, insurance is far from useless today.

If I can not repay my personal loan?

If I can not repay my personal loan?

It can happen to have financial worries, unforeseen events that would disrupt a loan in progress.

If, for example, you have several credits in progress, you can think about the grouping of credits that can greatly help you.

This “help” often makes it possible to reduce the total amount of monthly payments to be repaid.

A payment facility can also be requested from the bank where you purchased the personal loan.

For more serious situations involving multiple lenders, you could resort to debt mediation or group debt settlement.

Difference between personal loan & “fast” loan?

Difference between personal loan & "fast" loan?

Not to be confused, a so-called “fast credit” is actually a cash reserve that works like a credit card, a line of credit. It is called fast credit because in a few minutes you can withdraw the amount you need.
A line of credit is not a loan, there are interests too, but the repayment must be done more quickly than with a personal loan.

Difference between personal loan & “fast” loan?

Not to be confused, a so-called “fast credit” is actually a cash reserve that works like a credit card, a line of credit. It is called fast credit because in a few minutes you can withdraw the amount you need.
A line of credit is not a loan, there are interests too, but the repayment must be done more quickly than with a personal loan.

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