You have just taken out a consumer credit or personal loan in Belgium or the Grand Duchy of Luxembourg at one of our agencies. You are wondering how long it will take for the money to be in your bank account or if you can receive it directly in cash.
Simulate your credit online
On the other hand, you would like to know from what date you will have to start paying your monthly premium.
Here is a brief article that will provide you with all the clarifications on these practical questions.
For obvious security reasons, your lender will never give you the money in cash directly into your hands upon signing your credit contract.
Your money is deposited in the vast majority of cases into a current account opened with your banking institution.
In some cases, however, the money is paid:
Always in a current account, never in cash
For obvious security reasons, your lender will never give you the money in cash directly into your hands upon signing your credit contract.
Your money is deposited in the vast majority of cases into a current account opened with your banking institution.
In some cases, however, the money is paid:
- to your car dealer when it is a new car financing;
- to your notary if it is a mortgage loan;
- to a banking institution if it is a credit buyback or credit consolidation.