Borrowing

Being smart with money

If your monthly expenses incidentally exceed your income, or you have (sudden) expected major expenditure, borrowing is a possible solution. The Nationale Trust- en Financieringsmaatschappij N.V., a 100% subsidiary of the Hakrinbank N.V., offers extensive financing options. There are several ways to borrowing. For example, you can take out a personal loan, or use a maturity loan to finance a vehicle. Perhaps you want to improve your living sitwwwion, or even move into a new home. In that case, too, NTFM N.V. can assist you with a mortgage loan.

The characteristics of a loan with NTFM N.V. are:

• You pay a fixed monthly amount including an interest and redemption component.
• The loan maturity is determined in advance.
• A favorable interest rate.
• You pay interest on the balance of the debt.
• No penalty interest is charged for higher repayments.
• The more you pay off, the less interest you pay.

When will you be eligible for a loan from NTFM N.V.?

• You receive your salary in a bank account at Hakrinbank or another bank.
• You have been in permanent employment for at least two years.
• Your net income, after deducting living costs, offers sufficient guarantees for timely redemption.
• Your monthly redemption amount is a maximum of 35% of your net income.
• You are between 21 and 57 years old.

Depending on the solvency of the applicant and/or the coverage provided, the aforementioned conditions may be deviated from!