In the Netherlands, consumers are protected from taking out loans they can’t afford to repay: loans and overdue repayments are listed in the National Credit Register. You must be able to afford repayments on your loans. When you apply for a loan, we’ll perform a credit check. This is standard procedure.
If you take out a loan, you’re assigned a positive credit listing. If you make your repayments as required, this listing won’t have any consequences for your credit rating. If you apply for a new loan, we can see from the National Credit Register whether or not you can afford to borrow money.
Are you not paying back your loan as agreed? And are you in arrears with your payments? Then you will receive a negative registration. This can be a problem if you want to buy a house or take out a loan.
The Register includes details on loans of over € 250 and loans with a term to maturity of more than one month, such as:
If you take out a loan from us, we’re expected to share the following details with the Register:
If you terminate your loan, your details will continue to be listed for another five years.
We don’t report overdue repayments to the National Credit Register until the amount has been outstanding for 60 or 90 days (depending on the type of loan). Your positive listing will be changed into a negative listing until you’ve caught up on your repayments.
You can request to view your credit listing at no charge. Go to the website of the Dutch National Credit Register to find out how. Please remember that this will take at least 28 days. You can speed up the process, but this will come at a fee.
Please let us know if you believe that your credit listing is incorrect. We would be happy to look into this for you.
