First request your free credit overview, check the codes and end date, and only then have it assessed whether a mortgage application, correction request or removal request makes sense. A desire for a home alone does not automatically lead to removal. A mortgage with a BKR registration is not by definition impossible. An ongoing credit without payment arrears can mainly limit your maximum borrowing capacity. A negative […]
A BKR registration after a payment arrangement is an unpleasant surprise for many consumers. You have reached an arrangement with your credit provider to repay your arrears in installments and you are meeting your obligations. Yet you discover that a negative code has been entered in the BKR register that hinders you when applying for new […]
A herstelcodering with the BKR is an important step in restoring your creditworthiness. After you have fully cleared a payment arrears, the credit provider is obliged to place a herstelcodering. This signal informs other credit providers that the payment issues have been resolved. Still, obtaining a herstelcodering does not always go smoothly. In this […]
What does a negative BKR code mean for your loan or mortgage, who is allowed to see it, how long does it stay on record and when can you have it removed?
An unjustified BKR registration can completely paralyze your financial life. You want to take out a mortgage, apply for a loan, or arrange a credit card, but you are rejected everywhere due to a negative coding at the Bureau Krediet Registratie (Credit Registration Office). The frustrating part is that this registration does not always have to be justified. Mistakes happen more often than you think and […]
