When you see how many different loan forms are offered around you, it seems as if borrowing is not only the most common thing, but also the easiest thing in the world. Take out a loan if you have a BKR registration ? No problem! Borrow money through a text message? Of course, it works! Nevertheless, there are countless people who cannot go to a commercial lender for their loan. There may be various reasons for this. Whatever the reason is, it is difficult, especially if you are suddenly in need of money. Of course there are alternatives to be found in the form of, for example, a loan from friends , but not everyone is happy to admit that there are money problems in the immediate circle. Borrowing from the MCB can be a solution.
Who is borrowing from the MCB for?
A loan from the MCB is only intended for people who cannot go to the regular circuit, so with a commercial lender. You cannot therefore turn to the MCB because you do not like the terms and conditions of commercial lenders. The Goma bank works differently from other banks and, in principle, has no profit motive. That does not mean that they, as a kind of philanthropic institution, provide money to anyone in need of money. If you want to take out a loan so that you can go on holiday or because your wardrobe could use an update, then you are at the GKB wrong. The loan is intended to prevent you from getting into further trouble, not to make your debt a little bit bigger.
You must meet one or more conditions to be able to get a loan from the MCB. These conditions are:
- Your income may not exceed 130% of the minimum wage;
- You are 65 or older;
- You have a BKR listing and / or problem debts;
- You are not eligible for a loan from a regular lender.
In many cases, if you have debts, you will first be invited for an intake interview. This conversation looks at how you could best be helped: with a loan or with debt counseling?
The loan with the GKB
Again: borrowing from the MCB does not mean free money. This lender also expects you to adhere neatly to the agreed payment arrangement. If you pay too late, a delay compensation will be charged. If you are two months or more late, the loan may become due and payable in advance. This means that the agreed payment arrangement will expire and the outstanding amount will become immediately claimable. If you stick to your payment obligations, you can have a maximum of 5 years to repay your loan at the GKB.