BKR removal interest consideration

What is a BKR balancing of interests?

Did you receive a negative BKR registration a few years ago? If so, your financial situation may just have changed significantly. Where just a few years ago you were struggling to pay your financial debts, now it may be very different. Still, the negative BKR registration for five years remains a burden on your shoulders; even if your financial situation may be very different now.

Want to buy a house, but negative registration is suddenly around the corner? If so, you can request a BKR interest review. This weighs your interest in removing the registration against the registration. Does this show that you have a lot to gain from removing the negative registration? Then chances are that it will be dismissed and you will still be able to take out the loan you want.

Your chances at a BKR interest review

If you want to take out a loan, the lender will check your financial situation. He looks at your current income, but also at any past loans. If this shows that you have a negative BKR registration, it suddenly becomes a lot more difficult to take out a loan. Lenders are very reluctant to take out a loan with a negative registration. Nevertheless, the registration does not always give a fair and accurate picture of the current situation. In this case, a balancing of interests is done. This considers issues such as:

• The reason for which you want to take out the loan;
• Your current financial situation;
• The status of your arrears (have they already been paid off?);
• The size of your former payment arrears;

For example, if you want to take out a mortgage to buy a home and you had a registration for an overdue phone plan, there is a chance that the registration will be removed. In this case, the importance of buying a home outweighs the importance of the registration. If it involves a loan for a new car, this chance already becomes less. Thus, a new consideration will be made in each situation.

Dynamite Netherlands at a BKR interest review

Do you want to close on a home, but is your negative BKR registration getting in the way? Can't wait any longer for the registration to be automatically removed and want action taken on short notice?

Dynamite Netherlands is a specialist in the removal of BKR registrations. We are happy to take on the BKR interest assessment and advise you on the next steps. Our lawyers will gladly dive into your case and negotiate with your lender.

If we find that you have a small window of opportunity in the balancing of interests, we immediately advise you on avoiding follow-up steps. So you always know where you stand. Dynamite Netherlands helps you with BKR interest registration.