Loan declined

Help, my loan has been declined

Loan rejected from another party? Because you are self-employed / entrepreneur, have other loans or want to borrow an amount that is too high? If your loan application has been rejected, this does not mean that you have nowhere to go. You can often borrow money from De Nederlandse Krediet Maatschappij if your Personal Loan or Continuous Credit has been rejected elsewhere. We compare the options at 6 banks and immediately give you a clear overview of your options. From an affordable 3.5% interest. As specialists in credit intermediation, we can often offer the best alternative. Our motto is therefore: 'if we can't do it, no one can do it'.

Re-applying for a Personal Loan or Revolving Credit

If your application for a Personal Loan or Revolving Credit has been rejected with another lender, it could be for several reasons. At SNLO you can reapply for your Personal Loan or Continuous Credit :

• Do you want to borrow money from Freo? Freo has a black and white admission policy: if you do not have a permanent employment contract or are you an entrepreneur, a loan from Freo is virtually impossible. It is often possible with us.
• Borrow money with a positive BKR registration. A BKR registration is increasingly common and already starts with telephone credits (subscriptions). All lenders must take the BKR into account, but at SNLO it is indeed possible to request a Personal Loan or Continuous Credit again with a positive BKR registration.
• Have you been rejected on the basis of other current loans? Then you can also consider merging all those loans and transferring them to one loan . This provides an overview and is always cheaper, both in interest and in monthly costs. This allows you to pay off the loan faster (shorter term) and you are debt-free sooner.

Loan turned down Freo

Has your loan application at Freo been rejected? Or are you still not sure where you stand? We are increasingly encountering customers who are not served by Freo. Or it takes weeks. With us you always know where you stand: we work quickly, flawlessly, friendly and we do not keep our customers on the line (see reviews). Despite the fact that Freo is marginally cheaper than SNLO (3.9% compared to 4.2%), consumers often come to us with a complaint about Freo. These are the most common reasons that rejected Freo loans can be taken out with us:

• We compare 6 banks, where Freo only comes with Freo loans. With 6 partner banks you have a much earlier chance of a good and appropriate agreement / proposal. Where Freo simply rejects and offers no alternative, we go a step further to see what is possible.
• Faster turnaround time: you can have your money within 2 working days. Freo sometimes takes 1.5 weeks to do this, keeps asking for additional information and eventually rejects it. With us you immediately know where you stand. Very handy if you have an option on a car, boat, holiday home / chalet or a house and you want to be able to act quickly or finance the costs of the buyer / renovation with a Personal Loan.
• Freo has a black and white admission policy. By definition, no entrepreneurs / freelancers or people without permanent employment are admitted.
  At SNLO there are more options, because we work with multiple providers. We are always looking for an alternative that may benefit you. With us, consumers who have been self-employed for 3 years or have a fixed pension can simply apply for a Personal Loan or Continuous Credit. We also have more options for temporary employment contracts and exceptions are negotiable. For example, based on employment history, family composition, living situation, etc. In short, we like to keep it human.
• Borrowing larger amounts is not possible at Freo. Customers with a somewhat greater financing need can come to us. For example for spending purposes such as a major renovation, sports coupé, motor yacht or the perfect holiday home. It is great to have money available within 2 days for that beautiful boat or dream car!