Consumer loan in Norway (norw. Forbrukslån) is granted to natural persons, which may be used for private purposes, not related to business activity. This means that the consumer can spend the funds at his own discretion, and his only obligation towards the bank is regular repayment of installments.
- Are you looking for professional accounting services?
- Phone: +0047 93982173 XNUMX
- Service in Polish
- Discounts for new customers
- Topnor www.topnor.no
Consumer loan in Norway - how to get it?
Consumer loan in Norway - as the name suggests - can only be obtained by a natural person who does not run a business. It is worth knowing that the credit patterns that exist in this country are similar to those we know from Poland. The most important ones include:
- consumer credit,
- mortgage,
- consolidation loan,
- car loan,
- company loan.
Also read: Credit cards in Norway - is it worth it? >>>
Consumer loan in Norway and remuneration
To get consumer loan in Norway as a rule, you must show that in the last year you have earned an income of at least 220 Gross NOK. Although there are exceptions to this rule, each bank may have its own requirements in this regard. Nevertheless, the condition in most establishments is the need to receive not only high, but also stable remuneration. The bank takes into account the earnings obtained in the last three years.
The generally accepted principle in Norwegian banks there is also an age threshold - to take out a loan, you should graduate minimum 20 years. The important information is that, as a rule, you do not have to be a Norwegian citizen. The most important criterion is obtaining stable i high earnings in the territory of the Kingdom in recent times .
Also read: Public housing in Norway - who is entitled to? >>>
Personal number
A necessary condition for this is availability personal number (Norwegian person number). It is an 11-digit identification code necessary for contacts with public offices and banks. To obtain it, you must have been in Norway for at least six months. To do this, you must first report your stay to the police and apply for extradition tax cardand then inform you about your move to the Kingdom.
Persons staying for less than six months cannot apply for the grant permanent personal number. In order to communicate with Norwegian authorities, they must apply for a provisional issue personal number (Norwegian d-number).
Also read: Non-compliance of the standard of the apartment with the contract in Norway >>>
Consumer loan in Norway - rules
Consumer loan in Norway it may be between 5 and 000 NOK. The bank may grant it for a maximum of 500 years. The possibility of extending the repayment period occurs when you take advantage of the refinancing offer. Then consumer loan in Norway you can pay off up to 15 years.
The amount of the obligation may be increased if we have our own contribution at the time of submitting the application. Without it, we can count on a much lower loan, usually up to NOK 250. Although it is not a rule - it is worth asking advisors from various banks for details.
Documents
Exact height consumer loan in Norway will depend on your creditworthiness (norw. financialieringsbevis). It is determined by the bank based on an analysis of your situation. It is a statement of how long and in what amount a given institution is willing to grant you a loan. Such a document is valid for 6 months from the date of its issue.
Consumer loan in Norway - what else is important?
Consumer loan in Norway as a rule, you can only get a stable and stable income in this country for 3 years. In addition to the above-mentioned issues, it is also worth remembering that the final cost of the financial obligation results not only from the interest charged. The secondary costs (norw. omcostinger). These may be handling fees, resulting, for example, from issuing specific documents, commissions on the loan granted, etc. Although consumer loans generally bear higher interest rates than, for example, mortgage ones, they still remain cheaper than credit cards. However, before you submit your application to the bank, it is worth considering the question of whether you really need a loan?
