More payment arrears on loans
We have recently learned from various media that the number of payment arrears is on the rise. It was even indicated that 2.3 million Dutch people currently have one payment arrears. This not only concerns payment arrears on loans, but also, for example, with the tax authorities (the largest creditor in the Netherlands), with regard to health insurance or with regard to rental charges. The BKR is currently the only one in the Netherlands to register payment arrears on loans. If you are 2 months or more behind your loan, you can get a negative BKR registration. This registration also ensures that borrowing money will become a lot more difficult. Borrowing money without BKR testing is almost impossible anymore. Visit logographos.com for a summary
Is the measurement of payment arrears on loans current?
We have also taken a critical look at the figures on payment arrears. We notice that there is only talk of “people with a disadvantage”. The chance that this will decrease in the short term is in all likelihood very small. Once you have had a payment arrears with a negative BKR registration, it will remain in your name for up to five years after you have fully repaid this credit. In practice it can therefore happen that you can remain stuck for 20 years or more with a negative BKR registration. You will therefore always remain in the group with payment arrears. Even though these payment arrears have long been redeemed. In addition, the standards of the banks are becoming increasingly strict. In the past it was possible to slightly increase your credit in case of an emergency, because this has become increasingly difficult, you can no longer prevent your payment arrears in this way.
How do you prevent a negative BKR registration?
The most important way to avoid a negative BKR registration is of course to contact the lender in time. By entering into and maintaining a conversation with the provider, the chance is much greater that you can work it out together. On the other hand, you will have to make it clear that you really do everything to be able to continue to meet your obligations.
Payment arrears with Mortgages
A striking fact, incidentally, was that a press release from the BKR indicated that the payment arrears on mortgages are clearly leveling off, and even falling. This leveling and fall indicates that things are moving in the right direction. Although the BKR is still very reserved in the reporting. This is remarkable in itself. Because it is precisely a BKR in arrears on the BKR that remains extra long, because even with a BKR listing on the mortgage it applies that it only disappears 5 years after the credit has been repaid. And today there aren’t many people with a mortgage-free home. To provide you with insight into the course of the mortgage arrears, we give you the table below that clearly indicates this.