What is a loan?

What is a loan?

A personal loan, also called installment loan, is a consumer loan that allows you to borrow a certain amount at any time and repay it each month by a fixed amount over the period of your choice. The duration of a personal loan varies from 6 months to 120 months depending on the type of loan and the desired amount. Unlike a secured loan such as a home loan that requires you to secure the credit granted by one of your property collateral (such as a car or a house), the installment loan requires no collateral. You only have to repay each month the fixed and pre-determined amount that is the amount borrowed plus interest. As long as you make the repayments on time, you can use your loan money to finance all your personal projects. You can use the funds to change the layout of your home, pay off debts, offer the holidays you have always dreamed of, finance your wedding, etc. Personal loans can have repayment terms of up to 12 years, which allows you to better manage your finances.

Loan offers in Belgium

Loan offers in Belgium

The personal loan is a standard service for which you can subscribe to most banks and financial institutions in Belgium. These financial institutions offer loans at competitive rates. With the help of OneNotchPare and its online comparison tool, you can keep in mind all the offers of each lender on the Belgian market and compare their rates in order to save money. Compare free interest rates, monthly and total repayment amounts and the various services offered by credit providers. OneNotchPare is free and easy to use: quickly find the installment loan that meets your needs and the lowest rate.

How to get my loan?

How to get my loan?

Hard to find time to leave work and go to the bank? Get your loan online on OneNotchPare and save valuable time! Quickly simulate your loan by choosing the desired amount and term of repayment, choose the bank that offers the best rate and click on the “more information” button. In just 3 steps you have the opportunity to subscribe quickly and simply to the loan that will allow you to finance all your projects. The additional information you must fill out on the application form varies from bank to bank. To subscribe to a loan, you must be 18 years old, be resident in Belgium, have no credit dispute. Some financial institutions may ask you for proof of income and residence, so be prepared to provide a copy of these documents if necessary. Find the best offers among the best credit providers in Belgium. Compare and make the request now with the help of OneNotchPare.