Want a new car? Or the latest smartphone? A loan brings you the necessary funds to finance your purchases. Assigned loan or unallocated loan, what to choose? Thanks to the explanations of Creditnowe, you will make the right choice.
Two types of personal credit exist: the assigned loan and the unallocated loan. To better understand what is behind these terms, read on.
Assigned credit means a personal loan financing a specific asset. The most common is auto financing. The renovation loan and the energy credit are other examples.
To obtain an affected loan, some formalities are necessary. You must provide supporting documents for the purchase of the property to be financed. To validate your loan, the lender needs purchase invoices or purchase orders.
Interest rates are generally lower.
You start repaying your loan once the property is received.
It covers you in case of non-delivery of the goods.
Imagine: you have taken out a car loan. The seller does not give you the car. Your loan is canceled. You do not have to pay anything back.
To get an unallocated credit, you must not give the purpose of the financing. No voucher for the purchase will be required. This is the classic personal loan. The grouping of credits falls into this category.
With this little overview, you will choose your loan more easily. Credit affected or not, Creditnowe always offers you the best possible rates. Simulate your personal loan online. An advisor will contact you quickly with a tailor-made loan.
For all your projects, consider the personal loan.
At Creditnowe, you borrow from 2501 to 100 000 € at a very advantageous rate.