While only € 2.8 billion of consumer loan was provided in 2015, this was in 2016 with an increase of over 21% more than € 3.4 billion. Consumers increasingly transfer their revolving loan to a personal loan. The outstanding balance also increased by 3% in 2016. The members of the Association of Finance Companies in the Netherlands announced this.
Consumers opt for security of fixed interest
With a personal loan , consumers have the certainty of a fixed interest rate and term. These two factors are flexible in the case of a continuous loan and can change over time. In 2016, for the first time more than half of the consumer loan granted was concluded in the form of a personal loan.
Not only the personal loans have increased, but there is also an increasing interest in car financing and Private Lease . This shows a growth of 14%.
Connect your ongoing loan via Bank
Do you currently have a revolving loan and do you also want the certainty of a fixed interest rate and term? Bank can help you with this. We look at the possibilities for you and if the continuous loan can be transferred, we will arrange it for you. We are ready for you not only for revolving loan, but also for reducing interest rates or shortening the term on personal loans.
Your financial assistant loan and loan
We also monitor your loan or loan. And if you can save, we will arrange it for you. Register at Consumind.nl. Pleasantly arranged.
If you expect to need extra money for an extended period of time, you can opt to take out a revolving loan. For example, to pay for your child’s study. What a revolving loan is, what its specifics are and the advantages and disadvantages we have selected for you.