What is an H code with the BKR? What does it mean for me?

An H code with the BKR stands for a Recovery Notice. It means that an accumulated arrears or debt, has been paid off. Unfortunately, this notification remains in place for five years after repayment and thus can continue to get in the way of your life.

What does a BKR code mean?

The BKR - Bureau Krediet Registratie - keeps a record of loans, credits and debts that people take out. This provides lenders with an overview of how financially sound someone is and thus how responsible it is to grant that person a (new) loan or credit.

So that means BKR codes can affect, for example, the amount of mortgage you can get, or whether or not you can lease a car.

Fortunately, in many cases it is possible to remove the BKR H Coding. That way you can get on with your life again (faster).

There are some common BKR codes, also called particularity codes, all of which have their own meaning. The A code is an arrears code, where a payment period has been missed. An H code is a recovery code, which we will discuss in more detail below. The numbers 1, 2 and 3 codes again have their own meaning where these are combined to form, for example, an A2 code or A3 code.

How does removing a BKR code work?

H coding BKR: what does it mean specifically?

As mentioned, an H code stands for a Recovery Notice. It means that there was a payment delay on a particular credit, but it has since been cleared.

Specifically, an H code thus arises as follows:

• You enter into a credit, loan or debt and make repayment arrangements with the lender to do so.
• At some point, you are unable to meet payment obligations. A
• You will receive a warning from the lender and a deadline by which the arrears must be cleared.
• Are you unable to catch up within that period? Then a code A will appear next to the credit in your credit report.
• When you eventually catch up, this A is converted to a code H.

This H code remains visible at BKR for five years, even after the entire loan has been repaid.

In other words, the H-coding will allow new lenders to see that you have run into late payments five years after the fact. This will make it harder for you to take out a (new) loan.

In many cases, it is possible to have an H code removed from the BKR in an accelerated manner. The specialized lawyers at Dynamiet Nederland take care of this every day for many people who are held back by the code H or BKR registration.