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Financial Law

BKR Codes Explained: A, H, and Speciality Codes 1 to 5

A BKR code provides information about a credit agreement and potential payment issues. The meaning of a code depends on the credit type, the data the lender reported to the BKR Foundation, and the status of the agreement. In this explanation, you will read what an A code, an H code, and the speciality codes 1 to 4 mean in […]

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Financial Law

How long does a CIS registration remain?

The retention period at Stichting CIS depends on the type of registration. A general rule that every CIS registration has the same term is therefore incorrect. Stichting CIS distinguishes, among others, claim notifications, reports about uninsured motor vehicles, disqualifications of driving entitlement, confidential communications and EVR registrations with insurers. If you want to know what applies in your own situation, first request […]

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Insurance law

Kifid procedure explained: submitting a complaint, processing and key considerations

A dispute with a bank, insurer, mortgage provider or financial adviser can raise many questions. The Kifid procedure is a route for many complaints about financial products and services. Kifid is the Klachteninstituut Financiële Dienstverlening. It does not automatically handle every complaint. It is therefore sensible to first check whether your complaint and your financial service provider fall within […]

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