Crédit en Belgique : Tout ce que vous devez savoir sur votre crédit
Good tips for buying a house
You have decided to take the plunge and realize the dream of your life and your family: buying your house. Congratulations ! Here are some little tips for making the right purchase, even before applying for a mortgage loan. Liking the place where you are going to live with your family is fundamental Choose a…
How do I assess my borrowing capacity?
A mortgage loan is a loan granted under the condition of mortgaging one or more real estate properties that constitute the borrower’s assets. The mortgage can be carried out on the real estate property for which a loan is requested, but also on an independent real estate property separate from the loan request. In case of non-repayment…
What is the Central Personal Credit Office?
The Centrale des Crédits aux Particuliers is a body established within the National Bank of Belgium. And whose objective is to prevent over-indebtedness by providing. To the lender information concerning the consumer’s current credits and possible payment defaults. Our lawyer takes a closer look at the role of this major player in consumer credit. Skills Individual…
Five reasons to choose Crédit Populaire Européen to build your credit
Crédit Populaire Européen is a credit intermediary, specializing in consumer credit, mortgage credit, insurance and all other alternative solutions linked to the world of credit such as the repurchase or centralization of your current credits for example . You have decided to take out a loan to finance the acquisition of a new car for…
Is it possible to repay early?
Yes, this is an inherent right to any type of loan.
Insurance fraud
Insurance fraud costs each household €150 each year. Among the most common cases are car theft and false claims reporting. Our lawyer details the dangers to which you expose yourself in the event of insurance fraud. Types of Insurance Fraud Insurance fraud is of two types. We distinguish, on the one hand, fraud in subscribing…
The assignment of debt
When you take out a credit contract, it is often accompanied by a deed of assignment of debt. This guarantee, often called “transfer of remuneration”, offers additional guarantee to the lender in the event of irregularities in the repayment of your loan. Our lawyer takes stock of this very common legal mechanism in terms of…
Life annuity sale
Despite the unpleasant nature of life annuity sales, where one party has a financial interest in the death of another, this formula can be interesting for both the seller and the buyer. We briefly outline its particularities. Concept on life annuity sale The life annuity is the contract of sale of real estate by which…
What is a suspensive condition?
In the context of real estate transactions, it is common for the parties to insert a suspensive condition into their contract, such as for example obtaining a mortgage loan, the delivery of a title deed free of easements, the completion of a soil study or the issuance of an urbanization permit. What is a suspensive…
What amounts can be transferred or seized if I do not repay my loan?
We have seen in the context of the theme relating to the assignment of debt, such a mechanism is practiced on the net remuneration of the worker. However, only part of this net remuneration can be transferred. The law in fact sets remuneration brackets within which it determines the amount that can be transferred. We…
I signed a credit contract, can I withdraw? Under what conditions?
Generally speaking, as a borrower, you are bound from the moment you sign a credit contract. The law nevertheless authorizes you to renounce your commitment as long as the lender’s general conditions provide for it in a clear and concise manner. Let’s take stock of this significant protection organized by the legislator for consumers. Deadlines…
I had a traffic accident and the other party’s vehicle is not insured. Can I be compensated?
In the event of a traffic accident, it is customary for it to be the auto liability insurer of the driver responsible who compensates you for material and bodily damage. However, in certain cases, the damaged driver is unable to call the opposing insurer for guarantee. Our lawyer informs you about the role of the…
Loan between individuals: writing at all costs!
The economic crisis is hitting households hard. Consequently, financial organizations are increasingly reluctant to grant financing. Peer-to-peer lending is becoming a preferred alternative for many people. First of all, between friends or members of the same family, these “private loans” are often made without any agreement, so much so that it becomes difficult for the…
Installment loan or credit opening?
Our lawyer examines for you the advantages and disadvantages of these two financial instruments so that you can choose the one that best suits your budget. And your repayment capacity. Choose the formula that suits you best with the wise advice of our lawyer. Discover the installment loan or credit opening. How to choose between…
Computer fraud: the c
With the advent of the Internet, social communication networks have experienced considerable growth. Who today has not already used online auction sites such as Ebay or Paypal. Parallel to this outbreak, social engineering has been deployed at the same pace so that scammers are legion on the web. Today we give you some recommendations to…
The guarantee
The guarantee is personal security par excellence. It aims to add alongside the main debtor of the credit a third person (guarantee) who undertakes, under certain conditions, to intervene on behalf of the debtor in the event of difficulties in repaying the credit. A few words of explanation. Notion To act as guarantor for someone…
Forgery, use of forgery and fraud
The use of false documents in order to obtain credit is relatively rare but unfortunately it is not completely absent from our professional practice. It is above all a criminal offense which can lead to legal proceedings and have unfortunate consequences. A few words of explanation. Who are the people producing false documents? In general,…
Payment of money into your bank account
You have just taken out a consumer loan or a personal loan in Belgium or the Grand Duchy of Luxembourg in one of our agencies. You wonder how long after the money will be in your bank account or if you can receive it directly in cash. Simulate your credit online On the other hand,…
Motorcycle insurance per kilometer
The sunny days are finally back and you will be able to enjoy your motorcycle again. Given the unpredictable weather, you are probably wondering if there is an insurance company for motorcycles that would calculate its premium per kilometer as is the case for certain insurance companies for cars. It is true that the question…
The main insurances for your mortgage credit
Are you considering purchasing a house or any other real estate? You will therefore take out a mortgage loan. You are absolutely right. Firstly because interest rates on mortgage loans have never been so low but above all because index jumps linked to inflation have never been so frequent and so significant. What impact, will…
Outstanding balance insurance and consumer credit
Applying for credit to finance various products and activities such as a car, a wedding or a trip is a fairly common practice in our current society. Many people are granted a loan but few of them know that it is necessary to take out insurance to guarantee the loan. Highlighting this concept, often misunderstood…
Some details on the APR and consumer loan tips
By “consumer credit” we mean any credit used for something other than financing the purchase of a building: car, household appliances, travel, marriage, etc. Consequently, consumer credit does not require any particular justification. The borrower must therefore not provide a purchase invoice or a work estimate to request credit. This can be: an installment loan…
The role of the National Bank of Belgium
Discover the National Bank of Belgium. The subscription of a personal credit contract, a consumer loan, an installment loan is part of a triangular relationship between on the one hand the client, the final consumer, and on the other hand, the credit intermediary, namely your broker and the bank providing the funds. This triangular relationship…
Batibouw 2024
The Salon Batibouw 2024 is a major exhibition for the interior design and construction industry in Belgium, which takes place once a year. Participants are professionals who are interested in the latest trends in design and construction. It is therefore between February 20 and 25, 2024 that the next Batibouw show will open within the…
Prepare your file properly for a work credit
The work credit allows you to make the necessary renovations to a house. Whether it is to beautify it, enlarge it, make it more comfortable or optimize its energy performance, it is important to prepare your work file well to hope to obtain financing. The file creation stage deserves all the attention, whatever the nature…
How to calculate the cost of financing a new car?
To calculate the financing for the acquisition of a new car, the simplest way is to use a simulator. On the CPE website, you have a powerful tool that allows you to find out the amount of your monthly payments in just a few clicks. This solution offers the possibility of quickly sending your credit…
Calculation of interest rates in Belgium
There are undoubtedly many of you wondering how and by whom the interest rates that affect your credits in Belgium are set. This is what we will examine in a very simplified way in this article. From the outset, we can say that the interest rate is truly the crux of the matter for prospective…
Our entire team wishes you a Merry Christmas!
The CPE offers you unique credit assistance in Belgium. Meet our team now. At Crédit Populaire Européen, our brokers take your consumer credit application or your mortgage loan application in several languages: we process our files in Dutch, English, Spanish, Portuguese and Italian! Furthermore, we welcome you to Mons, Arlon and Luxembourg. In some cases,…
Change banks without stress?
Before the adoption of the banking mobility service, changing banking establishments was a real ordeal for users. Banks were reluctant to let their customers leave for competitors and increased obstacles to force them to stay. Thanks to the banking mobility service, it is now easier for the customer to change banking establishment, because the formalities…
Become a guarantor for a mortgage loan
Acting as guarantor for a mortgage loan to enable a loved one to obtain credit to buy the house of their dreams is a noble commitment, but the scope of it must be carefully measured beforehand. Indeed, acting as guarantor means agreeing to honor the borrower’s debts to the credit organization in the event of…
Operational leasing and financial leasing
You would like to lease a company car. In this case, you have the choice between operational leasing and financial leasing. Please note, these two formulas are only intended for companies, self-employed people or professionals, never for individuals. A comparison. Financial leasing With financial leasing, you rent the car for a specific period from the…
Joint bank account: good or bad choice?
Like all other bank accounts, the joint account or collective account has advantages and disadvantages that it is important to know before opening it. Mastering the operating principle of such an account makes it possible to measure the risks it generates and to better prevent possible disappointments. How does a joint bank account work? The…
One in two unemployed people are not actively looking for a job
This is the very latest result of the Onem report and it is the lowest figure (53.2%) with the year 2009 (53%) since the establishment of controls on the availability of the unemployed And you what do you think ? Exchange your opinions on our financial, economic, political and tax news blog These are the…
The Personal Credit Center
The Central Personal Credit Center is a state body which is part of the National Bank of Belgium. As soon as you take out a consumer loan or a mortgage loan, you will be concerned by the role of the Central Personal Credit Office. Let’s take stock of this institution that everyone talks about but…
The consequences of dismissal on your credit contract
In this turbulent period on the job market where unfortunately many citizens are losing their jobs following a company restructuring or a relocation of commercial activity, many of our worried customers are asking us about this question. thorny consequences of a job loss on their current credit contract. We will take stock of this issue…
Compare several mortgage loan offers?
Are you about to purchase real estate? Whether it is a purchase to establish the family’s main home or a real estate investment, you are making a good decision because real estate remains a sure value which is constantly evolving upwards and in any case which experienced only very rare temporary depreciations. In summary, by…
What is a credit broker?
—”Hello, am I at the Crédit Populaire bank?” —”Certainly sir, you have correctly formed the number of Crédit Populaire Européen, how can we be useful to you?” Find out what a credit broker is. To begin with, everything is fine! Except that Crédit Populaire Européen is not a bank but a credit and insurance intermediary….
Crédit Populaire Européen Luxembourg
Crédit Populaire Européen, established since 1996 and specializing in personal and mortgage credit, is proud of its established presence in Luxembourg. Therefore, our Luxembourg customers are invited to visit us in our agencies in Esch-sur-Alzette or Mersch. In addition, we offer a complete range of financial products, including personal loans, mortgage loans, loan consolidations and…
Online credit application
Crédit Populaire Européen has decided to entrust the creation of its new website. The website address www.cpe-credit.com is unchanged but the website will present new functionalities which will prove very useful for the Internet user wishing to submit an application for a personal loan and mortgage credit or for the Internet user simply looking for…
Your installment loan and the grant
Can we establish a link between the contraction in the number of installment loans granted and the financial health of national and European stock markets? A quick update on a burning current issue. A worrying observation The financial crisis that we are experiencing in Europe began in 2008 and was directly exported from the subprime…
Take out a loan as a company director
In Belgium, most companies are SMEs, that is to say Small and Medium Enterprises. When they suffer from cash flow difficulties, it is not uncommon for a request to be granted credit, over a short and specific period, to compensate for the temporary lack of liquidity. Unfortunately, many banks and brokers refuse to take out…
Granting credit to an unemployed person
Not a day goes by in our various business locations where we do not receive a credit request from an unemployed person. Indeed, people who become unemployed are also faced with having to make major purchases and the unemployed, more than anyone else, therefore implicitly see their contributory capacity extremely limited. He, more than any…
Credits and loans for back to school
The time has come for the 2014 school year to begin, and with it comes a host of additional costs. From September, our students return to school. We will have to wait until the end of the month for the academics to return to their classrooms and lecture halls. The start of the school year…
Credit solutions for large families
The Walloon housing fund grants mortgage loans to large families. The interest rates are advantageous and the conditions are studied and adapted to each situation. These mortgage loans are also called “social loans” and are granted by social organizations or accredited by the Walloon Region. Simulate your credit online Loans are granted for: the purchase,…
Your debt ratio is the determining factor in obtaining credit
Do you want to take out a new loan? Whether it is a car financing, a personal loan, consumer credit or a mortgage loan. Our brokers will have to examine a series of objective criteria to assess your ability to take out a new loan. Calculation of the debt ratio online. And above all your ability to…
What guarantee for what credit?
This morning we are addressing an important aspect of your credit application: guarantees. In certain cases, the borrower will have to provide security for his credit request. Sometimes, this is the obligatory signature of your spouse or your partner. In certain cases, the guarantees presented by the borrower could prove insufficient and the credit application…
What is owner credit?
Whether you are self-employed looking for personal credit, or a professional with a temporary lack of cash following the default or delay of one of your important clients or even locked up following non-payment of several monthly payments of your installment loan, the owner’s loan can prove to be the ideal solution to escape from…
Borrowing in Belgium and living in Luxembourg, is it possible?
Yes, it is entirely possible for a resident of Luxembourg to apply for a loan from a Belgian bank. Whether it is consumer credit, car credit or mortgage credit, there are no particular constraints preventing this approach from being carried out. Which address ? Luxembourgers can contact CPE to find the credit that best meets…
Is it still possible to obtain credit without prior funds?
From January 1, 2020, the quotas will in principle be limited to 90%. In other words, you will have to finance the remaining 10%, as well as the registration fees for the purchase and for the loan. However, numerous exceptions to this 90% mark have been provided: For young households buying a home for the…
Financing request and credit scroring
To facilitate decision-making when granting loans, banks and credit organizations are increasingly using “credit scoring”. This tool makes it possible to assess the risk of non-reimbursement based on qualitative and quantitative data collected beforehand. What is credit scoring? Developed around twenty years ago, “credit scoring” was designed to help banks sort credit application files based…
Financing your children’s return to school
School exams over, children and their parents are enjoying a well-deserved summer vacation. However, in stores, the shelves are already well stocked with school supplies for the start of the school year and after mid-August the frenzy of purchases will begin in the stationery sections. Back-to-school costs, all items combined (books, supplies, travel, university tuition,…
Bridge credit: principle and operation
You own a property and would like to buy a new one. Unfortunately, you need to sell your first acquisition to finance the second. The bridge loan is for you. Update on this usual question. What is bridge credit? The bridge loan is an ordinary mortgage loan which allows you to compensate for the expected…
Credit for “seniors”
Senior credit It’s no secret that life expectancy has increased significantly thanks to advances in healthcare and it’s a trend that continues. It is so true that in various European countries, governments are campaigning for the raising of the retirement age. The aging of the population certainly has a considerable impact in the world of…
What is revolving credit?
You are looking for a small amount of credit to facilitate the purchase of everyday consumer goods or you simply want to have a cash reserve available at any time. Revolving credit might interest you. A quick update on this common credit practice. What is revolving credit? Revolving credit is a credit facility that can…
How many signatures for a loan?
You are currently married and you would like to take out a consumer loan or a mortgage loan. Perhaps you would like to take out a loan alone or together. What are your rights and obligations when signing a credit contract? Can I sign a consumer loan or mortgage loan alone or on the contrary…
Financing a car with residual value
When considering car financing, you should ask yourself whether you want to finance all or part of the acquisition of your new vehicle. Le financement partiel voiture est mieux connu sous l’appellation financing with residual value at the end of the contract. This choice will have incidents which we briefly analyze below. Does car financing with residual…
What are “conditions precedent”?
Principle of suspensive conditions These are clauses indicated in the commitment of sale< which condition the birth of the legal effects of the contract of loan / mortgage credit on the fulfillment of one or more conditions stipulated concretely in the notarial deed. The condition in this case being obtaining the bank’s agreement. It is therefore above all…
Can I apply for credit simultaneously with several different brokers?
Especially not. If you submit several credit requests to different brokers, your request will probably be refused because the Personal Credit Center will consider that they are different credits.
Mortgage credit: property foreclosure!
Obviously, signing a mortgage loan to purchase a house is a happy event, synonymous with change and accomplishment. However, if you do not repay your monthly payments, the bank may have to seize your building. So be careful not to have to go to such extremes! Our lawyer will inform you about the different stages…
Financing your university studies
The school and university holidays are in full swing and with it, some parents are already considering their child’s next registration at university from the beginning of September. Financing a university education is the wish that many parents make for their children. This transition into family life will necessarily generate significant costs and for some…
How to invest in the stock market?
You have surely noticed that the money that is deposited in your savings account no longer earns you almost any annual interest. The average interest rate of all banks in Belgium is close to 1%, including the annual loyalty bonus. Skinny all the same… When we know that inflation is around 2 to 3% on…
How much can I borrow on a mortgage?
Il est généralement admis que le total des frais de crédit d’un mois ne doit pas dépasser 33% de vos revenus mensuels pour une personne seule et pour certaines banques. Dans certains autres cas, le taux d’endettement des revenus importables peut aller jusqu’à 50 % des revenus des ménages. Au Crédit Populaire Européen , nos…
Can a student borrow in Belgium?
Can a student borrow? From what age can you take out a credit or mortgage loan? Can students borrow without parental help? You wish to acquire a moped, a scooter, a car, take out a loan to finance your leisure activities, or even better to pay the rent of your accommodation, your university fees, the…
Five situations that can hinder your credit recovery
You have several outstanding loans: a personal loan of €12,000, new car financing of €22,000 and a credit opening of €5,500. What could be obstacles to your credit recovery? You would like to group these 3 credits together in order to see your single monthly payment lower than the sum of the 3 separate premiums….
Online credit simulation
You intend to take out a loan : consumer loan or mortgage loan. You would like to know the exact cost of your credit. The monthly premium that you will have to pay as well as the total amount of interest paid until maturity. Online credit simulation explained. Our company provides you with a credit simulator…
The European accident report
No one is safe from a traffic accident. Everyone has perhaps already been faced with such an uncomfortable situation, whether in the context of a total disaster or an ordinary collision in the parking lot of a supermarket. Then comes the delicate step of reporting the accident. This week we explain to you what details…
The Brussels Wedding Fair 2023
The Brussels Wedding Fair 2023 will be an unmissable event for future brides and grooms and wedding professionals. This prestigious show will be held in the heart of the city of Brussels from October 7 to 8. 2023 at Tour & Taxis, in an exceptional location. Offering panoramic views of the city and its most…
Wedding fair in Namur in 2024
The Namur Wedding Fair offers, for a weekend, the opportunity for all its visitors to find everything they are looking for their wedding in one place! Date : The Wedding in Namur will take place on March 9 & 10, 2024 Description Meet dozens of professionals ready to share their invaluable knowledge and insights on…
Real estate fees: Discover the changes From 2024
Capping of Real estate fees for Mortgage Loans in 2024 First of all, as 2024 approaches, the mortgage sector in Belgium is set to undergo a major transformation. Therefore, the Minister of the Economy, Pierre-Yves Dermagne, announced new regulations. Aiming to cap Real estate fees but also mortgage processing costs at 350 euros. This decision,…
What should you do in the event of a hit and run in Belgium?
A hit-and-run occurs when a driver fails to stop after causing a traffic accident. Whether he is responsible or not, this individual must, according to the law, complete the European accident report form with the opposing party. The fact that the author of the accident fled creates confusion, not only in establishing the findings and…
I need money quickly…
Life is often full of unforeseen events: a car accident, one of your children doing something stupid, property work that takes longer than expected or that generates additional costs. You suddenly have need money quickly. Is this possible and how long will you have to wait to get cash in your bank account? Simulate your credit…
Anabela PEREIRA
Associate Marketing graduate Portuguese, English, French Tél: 065 84.02.03 Fax: 065 84.55.31 Email: pereira@cpe-credit.com
What alternatives to providing a mortgage guarantee
You want to borrow a sum of money to buy a kitchen, or finance the acquisition of your veranda for example, to buy a house or to carry out renovations. In addition to the usual acceptance conditions, your broker will check your solvency and require guarantees. When the amount borrowed is significant – beyond €25,000…
Family allowances and your credit application
Can a borrower add the family allowances they receive to their income to obtain a loan? In a more general sense, what income is considered when applying for a consumer loan or a mortgage? Family allowances Family allowances represent a significant financial aid for each family. Thus, in Belgium, parents receive a monthly allowance of…
The various aids granted for the purchase of a hybrid vehicle
Driving “ green ” means reducing the release of C0² produced by your vehicle into the atmosphere while significantly reducing fuel consumption. The hybrid car constitutes an interesting alternative to achieve this objective. What credit for the purchase of a hybrid vehicle? Various incentive measures are taken both at the federal state level and in each region…
Which interest rate is best for me?
What is fixed interest rate? In this formula, you benefit from an interest rate which will be identical for the entire duration of the execution of the loan / mortgage credit. This is a particularly interesting formula when rates are low and likely to increase over time. Currently interest rates are historically low and this…
What are the consequences of registration at the National Bank of Belgium?
You can no longer borrow on the credit market. For your registration to be deleted, you must repay the unpaid amounts and then wait 15 months for the registration to be deleted from the National Bank of Belgium.
Credit figures in Belgium: news
In Europe we have been going through a major financial crisis since 2008: in fact, the unemployment rate has never been so high, it has reached a record figure of 12% of the total population of Europe and the number of bankruptcies is also breaking records. records every year. The governments of the European Economic…
A glimmer of hope for credits granted to SMEs
In these times of crisis when credit is scarce, the Minister for the Middle Classes, Sabine Laruelle, and Koen Geens, the Minister of Finance, are pleading in favor of SMEs. They have set the bar very high with a new bill which forces banks to make a real effort to facilitate access to credit for…
The mortgage market is stable
The mortgage credit market is a revealing indicator of the health of the economy in Belgium. Indeed, the Belgians still consider that real estate investment is preponderant in the allocation of expenses in their budget. Also, an increase or on the contrary a contraction either in the number of contracts or in the amounts borrowed…
Am I required to take out death insurance?
When you borrow with another person and in the event of this person’s death, you would not be able to pay the loan alone, you are strongly advised to take out death insurance in your own interest. In certain cases, the financial partner makes the granting of credit conditional on the conclusion of credit insurance.
The FSMA, the big boss of credit!
The Financial Services and Markets Authority (FSMA) is a public interest body that regulates the Belgian financial sector. As part of its mission, it notably oversees financial service providers and intermediaries. Our legal expert examines the scope of this new competence. New FSMA Competence Since November 1, 2015, the control over access to the profession…
The liability of the insurance broker (part 1)
Before concluding an insurance contract, many businesses or individuals seek a close relationship with an intermediary who can advise them on the best product at the most advantageous price and assist them during the contract. Our legal expert takes a closer look at this contractual relationship. What is the responsibility of the insurance broker? Definition…
How to take out an insurance contract?
The insurance contract is a consensual contract, meaning that the contract is formed by a simple exchange of consent. However, the policyholder and the insurer will always have an interest in having a written document as proof, especially if a dispute arises. Our legal expert discusses the three methods generally used to conclude an insurance…
The federal consumer mediation service
Since June 1, 2015, a federal consumer mediation service has been established within the FPS Economy to handle any request for out-of-court resolution of consumer disputes. We’ll briefly look into the competencies of this service, which could be useful to you, especially in case of disagreement with your credit institution. Competencies of the Federal Mediation…
Focus on… the principle of the mortgage loan
No one can accurately predict the rise or fall of interest rates. The only certainty is that in this year 2015, it is good to buy, to build, or simply to renegotiate your mortgage. Fixed or variable rate? Over 20 or 30 years? With equity or with a guarantee? We inform you about the tips…
What is re-employment compensation?
It is common for borrowers to decide to repay their credit, in whole or in part, in advance, for various reasons. In such cases, they may be liable for a prepayment penalty. Our legal expert examines the ins and outs of this penalty. Simulate your loan online Concept of a prepayment penalty The prepayment penalty…
The ecopack installment loan
Nowadays, more and more consumers are turning to renewable energies to save on their budgets. Did you know? In the Walloon Region, the ecopack formula allows you, under certain conditions, to benefit from an installment loan at 0% interest to finance energy-saving works. Our legal expert analyzes this hugely successful formula for you. Understanding the…
Can I take out a loan to renovate the house I rent? Overview of the renovation lease
Legally, it is the landlord’s responsibility to carry out renovation and compliance works in the leased building. Under certain conditions, the law allows the tenant to carry out these works themselves. It is not uncommon for tenants to apply for a loan to expand the bathroom or renovate the fireplace of the house they have…
The social mortgage loan
You have modest income and you are having difficulty obtaining a classic mortgage loan. Don’t panic, the social mortgage loan “housing for all” is designed for you. Our lawyer explains the benefits of such a loan. Social Mortgage Loan Concept The social mortgage loan is a loan granted by the Walloon Society for Social Credit…
End of VAT at 6% for the renovation of private homes over 5 years old. The threshold increases to 10 years!
From January 1, 2016, only renovations of private homes over 10 years old will still benefit from the reduced VAT rate of 6%. If your home’s age is between 5 and 10 years, don’t delay in taking out a renovation loan to take advantage of this favorable measure, which our lawyer outlines the application conditions….
Consumer credit: what’s changing?
The legislator has decided to significantly modify the law on consumer credit to protect consumers and prevent them from falling into over-indebtedness. Here is an overview of the major changes that have taken place since April 1, 2015. 1. The burden of proof is on the lender It is now up to the lender to…
Can I conclude a credit contract by telephone, internet or text message?
New technologies allow online commerce at all levels of goods and services consumption. What about credit? I need a cash reserve, do I have to go to the lender’s office or can I apply for my credit remotely? Let’s take a look at this very trendy contractual operation. Remote Credit Contract = Traditional Credit Contract…
With the Grand Duchy of Luxembourg car loan, for your desire for a new or used car
Do you want to buy your first vehicle, is your family growing, or is your old car breaking down too often? The auto loan Grand Duchy of Luxembourg will solve your problems! Our team, made up of auto loan specialists, assists you in finding financing solutions for your mobility projects in Luxembourg City. Through a…
With the Namur car loan, a new or used vehicle in Belgium, it’s possible!
Do you want to acquire your first car, is your family growing, or is your old car breaking down too often? The car loan Namur is for you! Our team, composed of car loan specialists, supports you in finding financing solutions for your mobility projects in Namur. Through a study of your auto loan needs,…
With the Esch-sur-Alzette car loan, for a new or used vehicle in Luxembourg
The car loan Esch-sur-Alzette Do you want to acquire your first vehicle, is your family growing, or is your old car breaking down too often? Our team, composed of car loan specialists, supports you in finding financing solutions for your mobility projects in Esch-sur-Alzette. Through a study of your auto loan needs, Crédit Populaire Européen…
With Arlon car credit, your desire for a new or used vehicle in Belgium
Do you want to acquire your first car, is your family growing, or is your old car breaking down too often? Our team, composed of car loan specialists Arlon, supports you in finding financing solutions for your mobility projects in Arlon. Through a study of your auto loan needs, Crédit Populaire Européen provides you with…
With Mons car credit, your desire for a new or used vehicle in Belgium
Do you want to acquire your first car, is your family growing, or is your old car breaking down too often? Our team, composed of car loan specialists in Mons, supports you in finding financing solutions for your mobility projects in Mons. Through a study of your auto loan needs, Crédit Populaire Européen provides you…
With Belgium Luxembourg car credit, your desires for a new or used vehicle
Our team, composed of car loan specialists in Belgium and Luxembourg, supports you in finding financing solutions for your mobility projects in Belgium and Luxembourg. Through a study of your auto loan needs, Crédit Populaire Européen provides you with auto financing solutions adapted to your budget and your projects. Our team gives you a very…
Car loan, property loan, personal loan: the Grand Duchy of Luxembourg credit group
The credit consolidation in the Grand Duchy of Luxembourg allows you to centralize all your ongoing loans and offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Esch-sur-Alzette are too….
Car loan, mortgage loan, personal loan in Belgium: have you thought about Mons credit consolidation?
The credit consolidation Mons allows you to centralize all your ongoing loans. It offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Mons are too. Simplifying credit management is now…
Car loan, real estate loan, personal loan, the Namur credit group in Belgium
The credit consolidation Namur allows you to centralize all your ongoing loans, and offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Namur are too. Simplifying credit management is now…
Car loan, real estate loan, personal loan, the Esch-sur-Alzette credit group in Luxembourg
The credit consolidation in Esch-sur-Alzette allows you to centralize all your ongoing loans and offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Esch-sur-Alzette are too. Simplifying credit management is…
Have you thought about credit consolidation in Luxembourg or Belgium?
Auto loan, mortgage, personal loan: credit consolidation in Luxembourg or Belgium allows you to centralize all your ongoing loans and offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Luxembourg…
Car loan, mortgage loan, personal loan in Belgium: have you thought about credit consolidation in Arlon?
The credit consolidation in Arlon allows you to centralize all your ongoing loans. It offers you the possibility to reduce the amount of your installment or the total duration of your repayments. Real estate purchase, vehicle replacement, cash flow needs: your needs are evolving and interest rates in Belgium are too. Simplifying credit management is…
Personal loan in Luxembourg in the Grand Duchy of Luxembourg
Do you live in Luxembourg City or its surroundings? Are you interested in a personal loan in Luxembourg in the Grand Duchy of Luxembourg? Do you have a temporary need for cash to carry out work, go on trips, or finance your children’s leisure activities? The personal loan or consumer credit is made for you!…
Work, travel, leisure, need cash in Luxembourg or Belgium?
The personal loan or consumer credit allows you to manage your quick cash needs. Our team, composed of personal loan or consumer credit specialists, supports you in finding financing solutions for your projects in Belgium and Luxembourg. Through a study of your personal loan needs, Crédit Populaire Européen provides you with liquidity solutions adapted to…
Arlon personal loan in Belgium
Do you live in Arlon or its surroundings? Do you need to carry out work, go on trips, finance your children’s leisure activities, or simply have a temporary need for cash? The personal loan in Arlon or consumer credit is made for you! The personal loan allows you to manage your quick cash needs. Our…
Personal loan in Namur in Belgium
Do you live in Namur or the Namur region? Do you have a temporary need for cash to carry out work, go on trips, or finance your children’s leisure activities? The personal loan in Namur or consumer credit is for you! The personal loan allows you to manage your quick cash needs. Our Namur team,…
Personal loan in Mons in Belgium
Do you live in a city near Mons? Do you need to carry out work, finance your children’s leisure activities, go on trips, or simply have a temporary need for cash? The personal loan in Mons or consumer credit is for you! The personal loan allows you to manage your quick cash needs. Our Mons…
Personal loan in Esch-sur-Alzette in Luxembourg
Do you live in Esch-sur-Alzette or a nearby city in the south of Luxembourg? Do you need to carry out work, go on trips, finance your children’s leisure activities, or simply have a temporary need for cash? The personal loan or consumer credit is for you! The personal loan allows you to manage your quick…
With the mortgage loan
With the Namur mortgage loan, be an owner in Belgium!
Financing your real estate project in Namur through a mortgage loan in Belgium requires a good understanding of the administrative procedures and responsibilities involved. Indeed, financing your real estate project is done by obtaining a mortgage loan from a bank and an insurance company. Therefore, insuring your mortgage loan will be necessary once you have…
With the mortgage loan
Obtaining a mortgage loan to finance your real estate project in Esch-sur-Alzette requires an in-depth understanding of the administrative procedures and responsibilities involved. Indeed, financing your real estate project is done through obtaining a mortgage loan from a bank and an insurance company. Thus, it will be necessary to take out insurance for your mortgage…
With the Mons mortgage loan, be an owner in Belgium!
Obtaining a mortgage loan in Belgium to finance your real estate project in Mons requires an in-depth understanding of the administrative procedures and responsibilities involved. Indeed, financing your real estate project is done through obtaining a mortgage loan from a bank and an insurance company. Thus, it will be necessary to take out insurance for…
My co-borrower has just passed away. What are the consequences on my current credit?
The loan continues and must be borne by the surviving borrower. The latter must contact us and provide the death certificate. If the borrower had death insurance, then the insurance will cover all or part of the insured loan. If there is no death insurance, then the surviving borrower must bear the full burden of…
I have several credits in progress. Can you simplify the situation?
Yes. We advise you to consolidate all your loans so that you only have one loan in progress and one monthly payment. Our advisors will offer you an interest rate that will ensure your new monthly payment is lower than the sum of the current monthly payments.
What is the most interesting formula for taking out a mortgage loan?
Formula for Getting a Mortgage Loan We must analyze each situation on a case-by-case basis. When interest rates are very low, it may be advantageous to enter into a fixed-rate contract. When rates are high, it is advisable to enter into a variable-rate contract. In any case, our advisors study each case individually to find…
I just got laid off. What are the consequences on my current credit?
In Belgium, we cannot defer a payment deadline. If you have lost your job, you must contact us immediately. We can offer you a solution to settle your outstanding loan and propose a new one. By doing so, we will already gain a payment deadline.
When can I call you to submit a credit request?
At CPE, we always have an advisor on duty: from 9 AM to 5 PM
Can I take into account my investments, my securities, term or savings accounts to borrow?
Yes, placed assets such as securities accounts, savings accounts, term accounts, or deposit accounts can be considered to assess your contributory capacity.
I took out a loan with my husband. We are divorcing, what are the consequences on my current credit?
Your divorce has no effect on your contract. The ex-spouses both remain jointly and severally liable for the borrowed amounts.
With the Arlon mortgage loan, be an owner in Belgium.
Financing your real estate project with a mortgage loan in Arlon However, using a mortgage loan in Belgium requires an in-depth understanding of the procedures and responsibilities involved. Indeed, financing your real estate project is done through obtaining a mortgage loan from a bank. Additionally, insuring this mortgage loan will be necessary. This insurance can…
Can I make an appointment at the agency?
Of course, but for convenience, our advisors take credit applications by phone, and then, when your credit application is accepted, we receive you in one of our agencies to have you sign the credit contract.
My credit application is refused. What can I do ?
Our advisors will immediately contact the financial partner who refused your application and try to defend them. By talking to our financial partner, our advisors are often able to change the financial partner’s mind. If, unfortunately, the refusal is confirmed, our advisors will introduce the file to another financial partner.
I already have a current loan. Can I get additional credit?
Yes. Our advisors will settle your current loan and offer you a new loan increased by the desired additional amount.
What are the consequences of failing to repay my loan?
If you do not pay two installments, your lending institution is legally obligated to terminate your credit contract and request your listing with the National Bank of Belgium. In this case, you will no longer be able to borrow on the credit market until your dispute is resolved.
Do I have to come to your offices to apply for credit?
The vast majority of credit applications are made by phone. However, when your application is accepted, you will need to make an appointment with one of our advisors who will review your supporting documents and give you the credit contract for signing.
I am having difficulty paying my monthly premium. What can I do ?
You must contact us immediately. We will find a solution together. Remember that after 2 missed installments, your lending institution will terminate your credit contract and you will be listed with the National Bank of Belgium. In this case, you will no longer be able to borrow on the credit market.
My credit application was refused. How long should I wait to submit a new application?
Vous devez attendre une période de trois mois et un jour pour introduire une nouvelle demande.
I cannot complete my online credit application. What can I do ?
Contact us by phone. Our advisors will take your request by phone.
I am married, can I borrow alone or does my wife have to sign the credit contract with me?
If you are married under the legal community regime or without a marriage contract, you cannot borrow alone and in this case, your spouse must sign the credit contract with you. If you are married under the separation of property regime, you can sign a credit contract alone.
I am a foreign national. Can I get a loan from CPE?
Of course. A large majority of our customers are not Belgian.
I don’t live in Belgium. Can I borrow from CPE?
CPE grants credits to foreigners residing in Belgium and Luxembourg.
What documents do I need to present to obtain a credit application?
The identity card of each borrower in valid order or valid passport. If the borrower is a foreigner but resides in Belgium or Luxembourg, he or she must present a Luxembourg resident card or Belgian residence permit. The last 3 original salary slips from each borrower as well as the last 3 bank statements proving…
Up to what age can I borrow?
There is no age limit for borrowing. Our advisors analyze your situation on a case-by-case basis.
I’m stuck. What can I do?
Contact us. If you are registered but you own a property free of encumbrances, we can offer you a mortgage loan and reimburse the unpaid amounts.
How does the credit application procedure work? Do I need to make an appointment to apply for credit?
In general, credit requests are taken by our advisors over the telephone. We then submit the file to one of our financial partners who gives us a response within 24 hours. If your application is accepted, we will schedule an appointment for you at one of our agencies so that you can sign your credit…
Do I have to change banks to get a loan from CPE?
No way. The amount of your credit is paid to your usual current account.
How long should I wait to get a response to my credit request?
We submit your file to one of our financial partners who will give us a response within 24 hours.
I am a tenant. Can I take out a long-term loan (84 to 120 months)?
70% des belges sont propriétaires en Belgique. Dans la mesure où une personne locataire n’offre pas les mêmes garanties qu’une personne qui est propriétaire de son habitation, sa capacité à emprunter est limitée sauf exception. Chez CPE nous limitons en général à 60 mois la capacité d’emprunt d’un locataire mais il peut y avoir des…
Laurent DEBACKER
Collaborator Graduated in Marketing French, English, Dutch Phone: 065 84.02.03 Fax: 065 84.55.31 Email: debacker@cpe-credit.com
Can I receive my money in cash?
The answer is very simple. No! For security reasons, your money will only be deposited into your bank account. Your lender will never give you cash when you sign your credit contract. The capital will be directly deposited, in the vast majority of cases, into your account or a checking account opened with your bank….
In what form will I receive my money?
You will receive your money as a transfer to your current account within three working days at most.
I received approval for my credit application. How long is this agreement valid?
Once agreement has been obtained from one of our partners, you have three weeks to sign your credit contract. After this period, your agreement is no longer valid and our advisors would then be obliged to submit a new file.
Is it possible to take out a mortgage loan to buy a property abroad?
Yes, but on the condition that the bank can take out a mortgage on real estate located in Belgium or Luxembourg.
Can we receive the money in cash?
The answer is very simple. No! For security reasons, your money will only be deposited into your bank account. Your lender will never give you cash when you sign your credit contract. The capital will be directly deposited, in the vast majority of cases, into your account or a checking account opened with your bank….
Domenico DESSAIRE
Collaborator Graduated in Accounting and Management French, English, Dutch Phone: 065 84.02.03 Fax: 065 84.55.31 Email: dessaire@cpe-credit.com
Christopher GLORIEUX
Collaborator Graduated in Accounting French, English Phone: 065 84.02.03 Fax: 065 84.55.31 Email: glorieux@cpe-credit.com
From what age can I borrow?
To be able to take out a loan, you must be at least 18 years old. Otherwise, all types of borrowing (consumer loan, mortgage loan, line of credit, etc.) will be prohibited for you. However, there are certain special cases. If your child is 16 or older, you can act as a guarantor so they…
Jean-Sébastien SCARCEZ
Founder and Managing Partner Commercial Engineer French, English, Dutch Phone: 065 84.02.03 Fax: 065 84.55.31 Email: scarcez@cpe-credit.com
Jacqueline BOONEN
Associate Responsible for mortgage loans, landlord credit, independent credit Tel: 065. 84.02.03 Fax: 065 84.55.31 Email: jacqueline@cpe-credit.com
What is an “offer to purchase”?
This is the unilateral commitment of a person to acquire property under certain conditions. The offer does not bind its recipient as such unless they expressly agree to it. In this case, the sales contract is formed.
What is an authentic act?
This is a document usually drawn up by a notary or, in some cases, a bailiff. An authentic act is enforceable against third parties, meaning that third parties or persons who are not part of the agreement cannot question the existence of the act. To take out a mortgage loan, you must necessarily appear before…
What are the costs for purchasing a new building?
In Belgium, the acquisition of real estate, a building or land, is taxed. Most often, this is the registration fee of 12.5% in Brussels and Wallonia and 10% in Flanders. However, if we are talking about a new property, the sale will generally be subject to VAT (21%) rather than registration fees (12.5%). Thus, the…
Christophe EKCHIAN
Collaborater External relations – IT assistance French English Tel: 065 84.02.03 Fax: 065 84.55.31 E-mail: ekchian@cpe-credit.com
How long is the mortgage loan?
The loan term can range from 10 to 30 years depending on the age of the borrower(s) and the amount of the loan. Over this period, two cycles must be distinguished: “amortization of the capital,” i.e., the repayment of the capital to the lender. In other words, the repayment of the amount that was lent…
I am going to divorce, is it possible to repay an existing loan on my own?
You must first be divorced to consider this solution or have a property separation contract. You can take out a loan to buy out your former spouse’s share. If you have a mortgage loan in both names, you can continue to repay it alone if your income is sufficient to repay the initial monthly payment…
How long can my mortgage loan last?
The minimum duration is set at 8 years and the maximum duration at 30 years and depends on the age of the applicant.
For a mortgage loan, do banks require a minimum deposit of money?
All banks require a contribution of funds from the borrower.
During the house purchase period, is it possible to change notary?
Yes, you can always decide to change notary during the sales procedure but the notary who will take over will only intervene after you have paid the fees of your previous notary in full. In this case, there will be a sharing of fees and costs.
What are the costs associated with mortgage credit?
The granting of a mortgage loan entails various fees: Registration fees, which is a tax. Credit opening fee. This is a tax paid to the state by the notary when the deed is registered with the mortgage registry. Notary fees (the rates are set by law). Property appraisal (varies depending on the lending institution). Bank…
What is mortgage discharge?
First of all, let’s clarify that the mortgage is the guarantee that allows a bank to protect itself in the event that the borrower is no longer able to repay their loan. Indeed, the borrower could not sell the property without obtaining the bank’s agreement and the release of the mortgage. And the release of…
What is the “right of pre-emption”?
The right of pre-emption is a right that allows a person (private or public) to have priority over other candidates for the purchase of a property when it is put up for sale. The beneficiary will therefore be preferred even if they make an offer equal to the other buyers. Most of the time, this…
Government measures to stop the coronavirus pandemic.
CPE-credit aligns with health advice and recommendations to protect your health and that of its employees. All possible measures have been implemented to ensure better safety. Ensuring quality and secure service For any credit request please contact us by: • Telephone: +32 (0)65 84 02 03 • Email: info@cpe-credit.com • Through our website cpe-credit.com How…
Close do sistema Zoomit na Bélgica
Zoomit is an Internet banking service currently with around 600,000 users and over 30,000 new sign-ups per month. Zoomit makes PC Banking more attractive because many companies join this application every day, increasing the possibility of paying bills online and reducing the risk of forgetting them. The customers of major banks in Belgium A dozen…
Collapse of automobile sales in Europe: take advantage of it!
The crisis that has been raging in Europe since 2008 does not only have bad sides. Since European governments have tackled public deficits, a panel of austerity measures has been implemented by member states to try to generate more tax revenue to replenish state coffers. Difficult equation to say the least: increasing the tax burden…
BIC code: what is it for and what is its scope?
First, the banking union in Europe is taking shape with the standardization of account numbers for banking service users (BIC Code). As a result, transactions are processed more quickly and securely throughout the European Union. This standardization has a significant economic impact as the speed of transactions saves time for users while maintaining an optimal…
3 types of credit for purchasing a car
Investing in a car is a particularly significant expense, often requiring a loan. Among the most common financing options are the installment loan, leasing, and specific-purpose credit. Each of these three types of loans has its advantages and disadvantages. How do you differentiate between them? What criteria should be highlighted to make a wise choice?…
Summary of CO² taxes applied when purchasing a car
Investing in a car is a particularly significant expense, often requiring a loan. Among the most common financing options are the installment loan, leasing, and specific-purpose credit. Each of these three types of loans has its advantages and disadvantages. How do you differentiate between them? What criteria should be highlighted to make a wise choice?…
Everything about kilometer taxation in practice
Today, February 17th, marks the start of the practical test of the highly controversial kilometer-based tax project by the government. In practice, 1,200 people will start testing the kilometer-based tax this Monday, which involves paying up to 9 cents per kilometer traveled within the RER zone (Brussels, its periphery, and areas covered by the future…
Enjoy the sun and the heatwave!
This morning we were determined to write a very serious article about producing fake documents to obtain credit illegally… well, that will be for next week. You don’t know us well enough yet! At Crédit Populaire, you will meet young, lively, whimsical, and professional brokers who know, like you, how to enjoy life and give…
How to use our simulator for a work loan?
Are you determined to do some home renovations and looking to borrow money to finance your projects? On our website, you will find a very handy tool to give you a precise idea of the cost, duration, and interest rates for your renovation loan. Use our renovation loan simulator How does it work? Very simply:…
Use our credit simulator
Do you want to apply for a loan, an installment loan, a personal loan, or a mortgage? It is not always easy to choose among the many credit offers available on the market. We offer you a free credit simulator to give you a precise idea of the monthly payments you would have to repay…
How to use our simulator for your car financing?
Are you determined to purchase a new or used vehicle and want to borrow money to finance your purchase? On our website, you will find a very handy tool to give you a precise idea of the cost, duration, and interest rates of your auto financing. Visit our website and use our auto loan simulator….
The 2024 Auto Show canceled!
The Auto Show, which traditionally takes place at Heysel, will not be held in 2024. The Board of Directors of the Belgian and Luxembourg Automobile and Cycle Federation (Febiac) has decided not to organize a physical Auto Show next year. This was confirmed by the federation on Friday, according to L’Echo. Firstly, Febiac has always…
What income can be seized in the event of inability to pay?
The number of Belgians who are not paying their debts is increasing significantly year by year. More than 130,000 people had their wages garnished by creditors in 2012. And in the first eight months of 2013, more than 335,000 people stopped repaying their loans. What are the garnishable incomes? In such difficult situations, lenders can…
How to resell a car still financed by Credit?
A vehicle financed through a loan can, in certain cases, be sold even if the repayment has not yet been completed. There are a number of steps to follow and conditions to meet in order to carry out such an operation. Want to sell a car? Indeed, the nature of the loan and the various…
What is the cancellation deadline for car insurance?
The insurance company must be informed by registered letter with acknowledgment of receipt of your decision to terminate the insurance contract. Belgian legislation provides for 5 circumstances in which it is possible to terminate your car insurance contract. Each of these corresponds to a specific deadline that must be strictly observed. What is the notice…
How to renegotiate your mortgage to lower rates?
Mortgage rates are starting to rise again after several years of declines. Although this increase is still focused on long-term loans and is quite small, it may be the most opportune time to renegotiate your mortgage rate before it’s too late. Renegotiate your mortgage. However, it is important to shop around to have several offers…
How to renegotiate your mortgage to lower rates?
Mortgage rates are starting to rise again after several years of decline. Although this increase still targets long-term loans and remains quite low, now might be the best time to renegotiate your mortgage rate before it’s too late. Renegotiate your mortgage loan now. However, thoroughly researching and comparing multiple offers is crucial. Don’t just rely…
Repay your credit
Repaying your loan is obviously important because in the event of a default on two monthly payments, the borrower will be registered with the National Bank of Belgium and their loan will be called in. When a loan is called in, the borrower will be required to repay it in full, and payment facilities will…
How do I repay my loan early?
All credit brokers are often confronted with this question from their clients: ” Can I repay my loan early?”. In fact, a borrower may wish to repay their loan early, meaning in advance, in other words before the end of the loan contract. Simulate your loan online Events in life can favor the early repayment…
The main causes of refusal of a credit repurchase
You have several ongoing loans: a car loan of €22,000, a mortgage of €158,000, and a personal loan for the renovation of your garden amounting to €8,500, for example. What are the reasons for a credit consolidation refusal? You are experiencing some administrative difficulties in managing three monthly repayments and you are wondering if consolidating…
Refinancing your mortgage
Do you frequently use credit? Perhaps you have taken out a mortgage for the purchase of your house, apartment, or for carrying out works, renovations, or improvements. Refinancing your mortgage is probably suitable for your situation. Simulate your mortgage refinancing The European Central Bank maintains a constant policy of lowering interest rates. Today, the cost…
Recession or recovery? What about consumption on both sides of the Atlantic?
The financial crisis – newspapers, radios, and televisions talk about it every day. You hardly pay attention to it, yet it affects your daily life. The latest measures by the Belgian government to meet the targets for reducing public deficits on sovereign debts are a striking example. Recession or economic recovery? It seems that we…
Credit repurchase as a solution to the difficulties of revolving credit
Many people decide to apply for several loans to ensure the payment of various costly activities, such as buying a house or a motor vehicle and preparing for a wedding. However, managing the repayment of different loans is not the simplest situation and sometimes leads to many inconveniences. Fortunately, there is a much more advantageous…
CPE – your credit partner specialized in credit redemption
Do you have multiple ongoing loans? Let’s say you have taken out auto financing for a purchase of €25,000; you also have an installment loan of €10,000 with which you did some renovations in your house; finally, you have contracted a revolving credit (a credit line) of €3,000 in a large store to buy high-tech…
Mortgage loan repurchase: what to do with current registration?
Let’s study a textbook case today: three years ago, you took out a mortgage of €200,000 to buy your house. The execution of your contract is going smoothly, and you are repaying your monthly premium without any delay. Today, you are considering doing new work on your house and need to borrow an additional sum…
What does a mortgage loan redemption cost?
The financial crisis has hit Europe since 2008 following the consequences of the subprime crisis in the United States. The countries of the European Union have become aware of their significant debt and have decided to reduce their public deficit (i.e., the gap between public revenues and public spending). In summary, the member states of…
Provision on real estate purchase deed
Buying a property involves significant costs, so most Belgians are forced to apply for a mortgage. Nowadays, investing in a house is a wise decision. Indeed, the reason for this timely investment is partly due to the instability and unpredictability of various market stocks and bonds. Provision on real estate purchase agreement. For example, since…
Walloon region bonus for mortgage loans
Did you know that the Walloon Region offers a whole series of grants and benefits in the field of real estate? What are the regulations of the Walloon Region regarding mortgage loans? Discover the information about the Walloon Region Grant. Here is a brief overview: 1. Benefit from a Walloon Region Grant for the purchase…
Your zero-rate credit
You often see zero-interest credit in some stores or advertisements. What is it? Should you be wary of it? Let’s take a closer look at this question. 1. Who offers zero-interest credit? These are generally favors granted by supermarkets or large stores that have noticed their customers are more inclined to buy certain everyday consumer…
What to know about taking out a renovation work loan
The nice weather is here, and with it comes the desire to renovate and do some work on your house. Take advantage of it to bring more comfort to your whole family. Why not install a veranda in your garden or transform your garden? Discover the ideal solution with the renovation loan and how to…
What is amortization for a mortgage loan?
The mortgage loan is amortized like all other forms of credit. The bank generally leaves the borrower the choice of the repayment formula best suited to their situation. The question of which type of amortization to adopt depends on a good understanding of what is meant by amortization and what it entails. Definition The amortization…
Special “Young” conditions for a mortgage loan
The financial crisis that has gripped Europe since 2008 can also have positive aspects. In fact, in terms of mortgage loans, banks are competing with each other to make the mortgage market as attractive as possible: in this regard, interest rates have never been so low and loan terms have never been so long. Simulate…
Borrow as a student
Nowadays, more and more teenagers live almost independently and no longer wait until adulthood to desire acquiring a scooter, a tablet, or a laptop… Moreover, it is not uncommon for certain educational institutions to require students to attend classes with a laptop or tablet, allowing them to connect to the internet. Unthinkable just a few…
Discover Crédit Populaire Européen
Crédit Populaire Européen is an SME active in the field of brokerage and intermediation of credit and insurance. Founded in 1996, it has been active in the credit market for 17 years and has acquired an enviable position in this highly competitive market. The head office of our company is located in Saint-Symphorien, just a…
Can you take out a mortgage loan without a down payment?
From January 1, 2020, the quotas will in principle be limited to 90%. In other words, you will have to finance the remaining 10%, as well as the registration fees for the purchase and for the loan. However, numerous exceptions to this 90% mark have been provided: For young households buying a home for the…
How to properly prepare your mortgage credit file?
From 17.02 to 25.02.24, Batibouw, the renovation and construction fair, will be held. Real estate remains a safe investment in Belgium given the upward trend in market values. It is always a useful and profitable investment for Belgians. In this article, we provide some useful tips to best prepare your mortgage loan application. What are…
Is mortgage credit a solution for renovating my house?
How will the renovation of my house and its financing proceed? A mortgage loan is a loan granted by a credit institution, usually a bank, which involves a mortgage registration on a property owned by the borrower or one of the co-borrowers to guarantee the lender against a possible default in payment. The mortgage loan…
Which insurance contract for which credit?
Are you considering taking out a loan or credit: whether it is an installment loan or a mortgage? You are a bit worried because, like everyone else, you do not know what the future holds and you want to be sure that you can repay your loan until it matures. Did you know that you…
Can I take my investments, securities account and savings account into account when borrowing?
You are an individual planning to take out a loan or credit soon, whether it is an installment loan or a mortgage. You are wondering what documents will be required to apply for a consumer credit or a mortgage loan. Additionally, you have a securities account, various movable and immovable investments, as well as a…
Mortgage loan: fixed rate or variable rate?
Do you want to acquire a property, a plot of land, carry out work or renovate your house? Now is the time, don’t hesitate, mortgage interest rates have never been so low on the market. Fixed rate or variable rate? This is the question you will inevitably ask yourself. The answer in a few lines….
We support your projects and activities!
The Crédit Populaire Européen is an SME active in the brokerage of personal loans and insurance. As a local player in the economic life of our region and Wallonia, we frequently get involved in sponsoring social, cultural, or sporting activities. What events or activities do we support? Our priority goes to social, cultural, and sporting…
CPE Official Sponsor of the Royale Jeunesse Aischoise
Our company has become the official sponsor of the RJ Aischoise, a promotion football club in the Eghezée region near Namur. Our company is committed to supporting numerous projects: sports, but also cultural, artistic, and social. Do not hesitate to inquire! Discover more information about our sponsorship actions
What can mediation organizations do in the event of over-indebtedness?
You have taken out one or more loans and for various reasons, you are having difficulty meeting your monthly repayments. You find yourself somewhat in a situation of over-indebtedness and you would like to turn to a mediation organization active in matters of credit and over-indebtedness. Let’s take a look at this issue together. Prevention…
How to organize and finance your wedding?
The fulfillment and success of a couple are often measured by the partners’ ability to conceive, undertake, and succeed in joint projects. This inclination is nothing surprising as it simply translates into action the desire of two people to look in the same direction. Buying a property, having children, starting a business are all projects…
Role of the notary for a real estate purchase
Before making the full payment for the real estate property, the buyer and the seller must use the services of a notary. In addition to the advisory and informational role, the notary guarantees a proper real estate transaction for both parties through notarial deeds. Acts and procedure established by the notary According to Belgian legislation,…
What is the ideal motorcycle model for beginners?
Generally, it is the aesthetic or mechanical side of the machine that attracts the beginner who wishes to acquire a motorcycle. However, many criteria must be taken into account to combine road pleasure and savings. From the intended use and desired equipment to the available budget, including the choice of financing method and insurance, nothing…
Cost of tuition in higher education
Back to school for primary and secondary school children is already behind you? That’s a good thing done! Back to school is already a budget in itself, especially when you have several children. Today, primary and secondary schools are becoming more and more demanding (school trips, books, tablets, etc.). It is not easy to bear…
What is the ideal number of monthly payments for a car loan?
Market credit offers aim to respond increasingly satisfactorily to consumer needs. But also to their repayment capacities. This results in a multitude of possibilities in terms of ideal monthly payments for a car loan. Regarding the car loan, the amount and number of monthly payments to be made by the borrower closely depend on the…
What to do about the rising price of heating oil?
November has begun and with it its procession of rains. The first cool temperatures announce a long and cold winter. Last winter was harsh and long. Remember the negative temperatures that followed us until April and the return of good weather only in July. Many Belgians saw their heating oil consumption explode. Unfortunately, this harsh…
The mortgage market in sharp decline
The year 2013 in Europe promises to be challenging economically. The sovereign debt crisis in Europe is directly affecting the credit markets. Indeed, just as we thought we had made significant progress in November 2011 in solving the Greek crisis, public deficits are already reminding us of their presence. Now it is Spain that is…
Assessment of the real estate market in 2013
Real estate has always been considered a good investment in Belgium. Between 1980 and 2010, real estate prices increased on average by 10%. This period is commonly referred to as the “Glorious Thirty.” In fact, compared to movable investments, we can confidently say that real estate was a profitable investment for a prudent family man,…
Credit news: new draft law for better consumer protection?
As we highlighted in our recent article on October 2, the number of credit contracts signed has significantly increased in recent years. Credit professionals have noticed a resurgence in the number of borrowers as well as an increase in the amounts borrowed. This situation has resulted in a significant increase in the number of defaults….
Do you trust your bank?
Since the subprime crisis of 2008 and the resounding bankruptcy of the American investment bank Lehman Brothers, which left a lasting impression, the banking world has been experiencing a severe crisis. This mistrust has not only settled in the relationships between retail clients and banks but also between banking institutions and their own regulatory authorities….
Breyne Law: guarantees for future owners
The Breyne Law was initiated by Minister Breyne who sought to more effectively protect prospective builders and buyers against the bankruptcy of certain property developers and contractors. To achieve greater impact, the Breyne Law is mandatory, meaning it applies to all concerned parties and its provisions are compulsory for everyone. This law revolves around several…
Free legal consultation
The Crédit Populaire Européen – your credit partner – offers you free legal consultations in all areas of law. Whether you are our clients or not does not matter: our company has a legal department available to you from Monday to Friday from 9 am to 6 pm to answer all your legal questions. Our…
Inflation, good or bad news for borrowers?
Inflation is the devaluation of money caused by what is known as the price and wage spiral. This spiral corresponds to the constant increase in prices and wages through mutual influence. It is measured using the consumer price index. Simulate your loan online In other words: Inflation is a general and sustained increase in the…
Procedures in the event of difficulty repaying credit
A person who can no longer repay their loan must act quickly to prevent the situation from worsening. They must take certain steps to clean up their financial situation in order to settle their debts. If the problem becomes inextricable, it is important to seek an amicable solution with all concerned parties to facilitate the…
Belgians are rushing into real estate in Spain
Have you always dreamed of buying a nice little house or a beautiful apartment in a sunny country? Are you particularly fed up with the gloomy Belgian weather and its rampant taxes? And what about real estate in Spain? Well, guess what, you are not alone, and many of our fellow citizens and European neighbors…
Understand all the costs associated with purchasing real estate
Are you considering buying a property? Do you have an idea of the price of the house you want to acquire, but do you have a precise idea of the costs surrounding a real estate purchase? Few people master this subject and prefer to ignore, in a way, this aspect of things. However, these costs…
Focus 2012: over-indebtedness in Belgium
Is this another sign of the crisis? The number of over-indebted people reached a record 324,063 in September 2012. The percentage of defaulting borrowers is now 5.2%. This means that out of 100 loans granted, credit institutions record a 5.2% default rate. This leads the said institution to report the credit to the National Bank…
Car financing and taxation in Belgium
You’ve just signed a car financing agreement with your broker and you’re wondering about the taxes associated with your vehicle. The purchase and use of a vehicle are taxed in various ways. But the tax administration also grants you some tax deductions. Here’s an overview. Taxes VAT: Are you buying a new vehicle? You pay…
Registration at the BNB: owner credit is the only solution
Are you about to apply for a loan? Personal loan, car financing, mortgage loan, consumer credit. Taking out a loan creates legal obligations for the borrower, the main one being, of course, to repay the loan until its due date. Thus, the borrower must repay a fixed amount each month (their installment) which varies depending…
Take out a loan when you are banned from banking
Are you listed with the National Bank of Belgium? There are solutions to help you access credit. You took out a loan: a personal loan of €25,000 for renovations, car financing of €12,000, or a mortgage loan of €250,000. Simulate your loan online For years, you have been repaying your loan without any issues. Unfortunately,…
Credit for the unemployed – unemployment loan?
You are unemployed and you would like to apply for an unemployment loan, a personal loan, or a consumer loan? Is unemployment and a credit application compatible? Is it possible for an unemployed person to obtain a loan? This is the topic we will briefly address today. Discover credit for unemployed. Difficult access to credit…
Answers to frequently asked questions about credit
The world of credit and banking can sometimes seem opaque and complex. You intend to take out a loan or credit and you have many questions about credit. In the field of credit, as elsewhere, it is not always easy to find the available and competent person who provides correct and clear answers. At Crédit…
Can a student take out a loan to buy a car?
Nowadays, getting a driver’s license leads to more and more travel conveniences. Every year, driving exams are taken by many students, and it is not uncommon for many of them to wish to obtain their own car to be much more independent from their parents. However, buying a vehicle has a considerable cost. Young people…
Support the Hermitage reception and educational assistance service
L’Ermitage is a Reception and Educational Assistance Service (S.A.A.E.) in the youth aid sector. Our company has started a sponsorship with L’Ermitage. Its missions are: Organize short, medium, or long-term care for young people in family difficulty. Organize the follow-up of young people who return to their families after a stay in the institution. From…
The rise of the extreme right in Europe: the historic error of republican pacts and partisan coalitions
You have undoubtedly noticed from the sudden flurry on social networks in recent days that elections are approaching… Indeed, on May 25 we will vote to elect our regional, provincial, and European representatives. Yesterday, in France, the first round of municipal elections (mayoral choice) took place, leading to a profound disapproval of the policy conducted…
The duration of your next mortgage loan
You want to buy a house or an apartment or carry out work in your home. The ideal solution is obviously to take out a loan or a mortgage. Would you like to know how many years it will take you to repay your mortgage? This is, of course, an important parameter both for your…
What is denunciation of your credit?
Have you recently signed a credit contract? Whether it’s a mortgage or a consumer credit. Signing this contract creates obligations on your part, and non-compliance can lead to unfortunate consequences (such as a credit report). In this article, we discuss the consequences of being listed at the National Bank of Belgium as well as practical…
Do I need to make an appointment to apply for credit?
Do you want to apply for a loan? Do you need money quickly, want to buy a house or a car? Have you visited our website or received one of our advertisements in your mailbox? What is the easiest, fastest, and simplest way to submit your credit application? How to apply for a loan? You…
Apply for credit
Are you looking for financing? Do you need money to make personal purchases, to finance the purchase of a car? A mortgage to buy a house, an apartment, or to finance renovation work in your home? You are faced with a myriad of actors in the credit market, you surf the websites but you remain…
Credit application: Independent broker or your usual banker?
Are you considering making a purchase that exceeds your monthly financial means and savings? One thing is clear: you will turn to the credit market. Will you go to a traditional bank or a specialized credit broker? Two solutions offering different services. At first glance, nothing too difficult Except that since 2012, the economic situation…
Mercedes Class A, a city car in its own right
The Mercedes A-Class has many features to impress. The first of these is its design. The new model stands out with its curved surfaces that highlight its dynamism and striking lines. The vehicle becomes more athletic, the hood less sloping, and the grille as well as the front and rear lights are redesigned. Inside, it…
Car financing with residual value and installment loan
You have financed a car with residual value. You are nearing the end of your credit contract. Therefore, you need to pay the residual value of your vehicle – typically 40% of the value of your vehicle. What options are available to you? Here’s an overview. Three options available to you The catalog value of…
Tax deductions for a mortgage loan
You have recently taken out an installment loan or a mortgage, and the pertinent question of the tax deductions or benefits you may be entitled to arises. In Belgium, given the significance of the tax burden, looking into tax benefits that could reduce your overall taxable income is essential. First, it is important to make…
Online credit form: length beats precision
Most credit institutions offering an online credit application form provide their clients with two options. The first is a short version where only essential information is collected. The second is a longer version where all information that could be used to strengthen the client’s file is collected. Why has CPE opted for a more comprehensive…
Taxation of mortgage credit
Are you considering acquiring real estate? You are going to take out a mortgage loan. Borrowing to acquire real estate is expensive in terms of interest, but you should not lose sight of the fact that the payment of these interests is tax-deductible. Therefore, even if in some cases the buyer can afford to buy…
How do I deduct my mortgage from my taxes?
Did you know that you can deduct your mortgage loan from your taxes? Here’s how to do it in a few steps… New rules in effect since January 1, 2005 Since January 1, 2005, the legislator has introduced a new system for deducting your mortgage loan, known as the basket system. In the same box…
Cybercrime and credit
For a change, today we will discuss the security aspect of banking operations on our blog. Currently, most financial transactions take place online. Indeed, you check your accounts online, print your bank statements via your connection to your bank’s website, make transfers directly via your computer, etc. It is no wonder that crime has evolved…
The consequences of the financial crisis on the credit market
The financial crisis erupted in Europe in the course of 2010. It took on alarming proportions in 2011 and now threatens to implode the European economic space. The origin of the financial crisis lies in the worrying evolution of public deficits and especially in the European governments’ desire to curb this alarming trend. The first…
The mortgage credit market: state of the situation for 2012
We have been experiencing a significant financial crisis since 2008. What is its actual impact on the mortgage loan market? The year 2012 saw a contraction of the mortgage market by about 30%, but the causes of this slowdown are not always what one might imagine. Here is a quick overview of this important issue….
The credit crisis for dummies
Every day in the news, in the media, we hear about the credit crisis and austerity measures to boost growth. You didn’t jump on the bandwagon and honestly, you don’t understand anything anymore. Here’s a quick overview to get you up to speed. The financial crisis in Europe The findings are undeniable: unemployment in Europe…
Take out credit to buy a used car
In Belgium, more used cars are sold each year than new cars. Indeed, nearly 500,000 new vehicles are sold in Belgium, while the used car market accounts for around 700,000 units. Here are a few tips to help you make your car loan with full knowledge of the facts. When is a vehicle considered to…
Can I take out a car loan without down payment?
It is entirely possible to get a car loan without a down payment. In reality, a down payment will not affect your APR. Making a down payment to buy a vehicle can, however, have an impact on the acceptance of your loan application by the lending institution. It is clear that a bank will always…
Mortgage credit: fall in property prices in Belgium
For several decades, residential real estate prices have been steadily increasing in Europe and Belgium. In the 1980s-2000s, this growth was very strong, with an annual rate of around 10%. Furthermore, this growth was coupled with inflation, which was around 7 to 8% per year. Since 2005, we have observed a significant flattening of the…
Free insurance against loss of income
Did you know? The Walloon Region can take out an insurance policy against loss of income for you, at its own expense, with an approved company. The insurance is completely free, and the beneficiary will not have to repay any amounts that may be paid by the company under the said insurance. This is therefore…
What is legal protection insurance used for? What is the objectivity clause?
Anyone might one day have to deal with the justice system, whether to defend themselves or to pursue a legal action. Legal costs, attorney fees, and expert fees can be significant. Although the law provides for a procedure indemnity in favor of the successful party, this often proves insufficient to cover all incurred costs. Let’s…
With the mortgage loan, being an owner in Belgium becomes a reality!
Financing your real estate project through a mortgage loan in Belgium (including Arlon, Mons, and Namur) requires knowledge of the procedures and responsibilities involved. Indeed, a mortgage loan can only be obtained through the financing of your real estate project by a bank. Additionally, you need to subscribe to insurance for this mortgage loan. This…
Can reimbursements be made to an account in Luxembourg?
No problem. You simply need to know IBAN and BIC accounts. There are no fees to repay your credit from an account in Luxembourg.
I don’t have much income. Can I take my family allowances into account to increase my borrowing capacity?
No. The law does not allow family allowances to be used for credit purposes.
I am unemployed, can I borrow?
In principle, if you are unemployed you cannot borrow because your unemployment benefit cannot be seized unless you have a guarantee, that is to say a person who agrees with you and who has seizable income. . In addition, if you own an investment property and have rental income, you can borrow under a mortgage…
I am a student. May I borrow ?
Yes, provided you have an endorsement or deposit.
How long will it take for the borrowed funds to be paid into my account?
Once your credit contract is signed in our offices, your money is paid into your bank account within 24 hours. If you are a resident of Luxembourg, you will have to wait 48 hours and if the amount of the credit is greater than €25,000.00, a period of 3 working days is required.
Who can apply for a mortgage loan?
Any person residing in Belgium or Luxembourg, whatever their professional situation (employee, employee, liberal profession, self-employed, etc.) can request a loan/mortgage credit from Crédit Populaire Européen.
Can you refinance an existing mortgage loan to benefit from a better rate?
This is a possible operation but it necessarily involves costs. We advise you to redeem your loan/mortgage credit. We can study your file and offer you a better interest rate and thus buy back your current loan/mortgage credit. Contact our advisors for this purpose.
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