A WOZ credit is already a bit of an outdated form of borrowing money. Or actually borrow an outdated name for cheap money. Until about five years ago, a WOZ credit was still a really advantageous form of borrowing money. This has now changed and a WOZ Loan can save you a lot of money. Transferring a WOZ credit actually works the same as transferring a “normal” revolving credit.
Transfer WOZ credit
|Personal loan||Revolving credit||Mini loan|
|From 4.1%||From 4.5%||Borrow a maximum of $ 1500|
|Fixed interest||variable interest||No BKR testing|
|from 21 to 69 years old||from 21 to 69 years old||from 21 to 70 years old|
|Payment within 2 days||Payment within 2 days||Payment within 24 hours|
|Apply for a personal loan||Apply for revolving credit||Apply for a mini loan|
To start with, what about a WOZ credit again? A WOZ credit is just like a regular revolving credit or a personal loan. The important difference is that you could get an interest advantage if you took out a WOZ credit. This benefit was a maximum of 0.2%. Because a WOZ credit is actually the same as a personal loan. So a WOZ credit transfer works just like the transfer of a revolving credit or a personal loan. It is therefore always possible to transfer a WOZ credit without penalty if you have a revolving credit variant. With a WOZ personal loan, you can check with the provider whether you still have to pay a fine.
In recent years, much has changed in the conditions for these personal loans. Because a WOZ credit is an old form of borrowing money, chances are that you have to pay a bit higher interest.
Transfer WOZ credit with BKR registration
Have you received a BKR registration on your WOZ credit? Then it becomes a lot more difficult to transfer your overpriced loan. To transfer a WOZ credit you must take out a revolving credit or a personal loan. Or you let the WOZ take credit in your mortgage. All these forms are not forms of borrowing money without BKR testing. If you have a negative registration, unfortunately you cannot do much to make your loan cheaper. Nevertheless, it is always good to contact the bank to find out what the options are. Especially if your WOZ credit has been going well for some time.
Redeem WOZ Loan
If you want to redeem a WOZ credit, because you have saved the amount that you have borrowed together again, this is of course always possible. With a WOZ credit in the form of a revolving credit, you can always do this without penalty. No matter how large the loan is. Repayment without penalty is one of the advantages of a revolving credit. If you have a WOZ credit in the form of a personal loan, we recommend that you contact the financing company to determine whether a further fine is due.