To finance your new car or to repair the one you already have, there is nothing more convenient and faster than the best car loan. After the mortgage, this is one of the most popular banking services. Do you want to get started? Here’s what you’d like to know about such a subject.
An affected credit
An affected creditTo begin with, you should know that auto credit is an affected loan. As such, the capital that will be granted to you will only be for a specific type of project. This could include buying a new car or repairing the one you already have. Please note, a car loan cannot be assigned to a project related to a two-wheeler. In this case, you will need a motorcycle loan. Since this is an affected credit, you must justify your request. In this sense, you will need a repair quote from a professional mechanic or a promise to sell from a dealer. Despite this additional document, the affected credit is much easier to obtain than a personal credit which costs more. With a car loan, you could benefit from a capital varying between 5,000 to 75,000 euros over 20 years on average depending on your possibilities
The documents to provide to make a car loan
To claim a car loan, you must provide certain documents. As mentioned above, this is a restricted loan. You must therefore provide proof of the use of the amount. But what else do you need? In particular, the accountant in Forest and Ixelles can help you find good borrower insurance. Now, to save you some money, you can avoid the offers of the banks. However, be careful that this is an identical offer to that of the banks. The credit coverage offered by these establishments covers a wide range of situations: unemployment, disability, temporary or permanent loss of employment, death, etc. Like any loan application, you must also complete an application form. The latter is available on the website of online banks if you choose this type of establishment. To this must of course be added identity documents: CIN, resident card, RIB, residence certificate, tax notice, electricity bills, etc. Please note, these documents must be dated at most 3 months. This is the regulatory period of validity of these.
The different steps for a car loan
It is not enough to jump on the first offer that comes along. There are a few steps to follow to take out good auto credit, especially to avoid over-indebtedness. First, you need to do a loan simulation. This is a service that you can do for free on dedicated platforms or with an accountant in Saint-Gilles in Belgium. In either case, it is a matter of finding the optimal borrowing conditions according to your financial possibilities, your debt capacities, etc. Simulating a loan is not the only thing to do before purchasing a loan. You also need to go through a comparator. It’s free on dedicated sites. Via this kind of platform, in a few minutes, you will have finished competing with all the offers available on the market and related to what you are looking for. What will allow you to save time in the subscription of your loan. Be careful, however, comparison sites of this kind generally only take into account online banks. You will still have to do your bit to find out about the offers of classic Belgian banks which shine through the quality of their support and their level of expertise.
