The mortgage loan is not easy to contract. The borrower embarks on a credit that is spread over 10 to 30 years. He has time to grow old, to have health problems. He may even die.
This risk aspect is taken into account in this type of loan. It is necessary to master each item of this loan which is explained in depth on the site www.simulateur-prêt-hypothécaire.be. Among the absolutely essential sections to understand are insurance.
Any applicant for a mortgage loan in Belgium must take out so-called “outstanding balance” insurance. It is easy to understand: the insurer will pay the rest of the loan contracted in the event of the death of the borrower. The heirs can enjoy it without paying anything.
Thanks to insurance, both parties, lender and borrower, are covered at their respective level. The premium for the “outstanding balance” clause is calculated from the beneficiary’s responses to a questionnaire used to assess the borrower’s state of health.
The questions revolve around sex, predicted or theoretical longevity; risky activities, sports activities, health history or other possible pathologies. The higher the risks, the higher the premium.
Smokers, for example, pay more than non-smokers. You must have quit smoking for at least years to pay the premium for non-smokers.
Any misrepresentation can have serious consequences on the progress of the loan.
The insurance also covers other incidents along the way in terms of non-reimbursement. It covers the risk of an accident which may cause permanent or temporary disability for the beneficiary. Or the loss of employment which does not depend on him.
It is in this spirit that the mortgage loan in Belgium draws its legitimacy. The lender needs security in the form of a mortgage to be able to recover his money quickly and easily in the event of a repayment problem.
The mortgage can be the property in question or another property belonging to the borrower and it is managed by a notary who must be paid.
As much as you have to pay the many other costs related to the operation. To prepare well; visit the site www.simulateur-pret-hypothécaire.be and you will have all the information you need to succeed in your business.
You urgently need not a lot of money, ranging from 500 euros to 2000 euros at most. You want it urgently. We must not confuse speed and haste in the field of borrowing. On average, you have your money in less than 7 days. Unless you borrow from a relative or friend.
It is possible to meet any need for quick money in France. Yes, there is a great financial system for all consumer profiles, from the most affluent to RMI users, including average households who love consumer credit. Two out of three households use consumer credit.
What to do ? First, you need to know your financial and social situation. If you have a normal banking course, without banking incident, a suitable income. Do not hesitate to take out consumer credit online such as the assigned loan or the unassigned loan without proof. You can get a loan in less than a week ranging from 500 euros to 3000 euros.
The other solution also remains the revolving credit which is a sum made available to you and which is renewed as the repayment progresses. It’s very fast except that you have to be very careful because the rates are high.
As they say, the problem is not the credit itself but the credit rate that can engulf you in over-indebtedness.
Socially fragile people are those who often need the most rapid credit. They do not have access to the traditional banking circuit. These people are from the RSA (ex RMI) or they are registered with the Banque de France. Or these people live on social benefits.
They can approach organizations that work in social microcredit such as the Communal Centers for Social Action, the Red Cross, the Restos du Cœur. They can also approach their municipalities. Some do pawnbroking.
There are other formulas such as the loan to serious individuals or PAP. It works on electronic platforms that connect a particular lender with a particular borrower. In any case, for any need for quick money, everything is negotiated online as on the site www.petit-credit.com.