The Credit Registration Office (Bureau Kredietregistratie or BKR) is an independent body that records all loans granted. If you take out a quick loan UK, have a mortgage or buy an instalment product, you will be registered in the BKR database. If you do not pay off your loan (on time), you will be registered directly in the BKR database.

  • And because this database can be consulted by banks and other lenders, a so-called negative coding in the BKR database can certainly stand in the way when you take out a loan. But is it completely impossible to take out a loan with a negative BKR listing? You can read the answer to this question in this article.

Negative BKR quotation: borrowing becomes more difficult

If you have a negative BKR quotation due to late payment or because you do not repay your loan at all, taking out a loan becomes a lot more difficult. Large banks and large lenders automatically do not enter into a deal with someone who has a negative BKR listing in the BKR database, simply because these persons are less reliable and involve more risks.

  • But is it completely impossible to take out a loan if you have a negative BKR listing? The answer to this question is simply ‘no’, because there are also lenders who still provide loans to people with a negative quotation.

Taking out a loan with a negative BKR quotation

Taking out a loan with a negative BKR quotation is more difficult, but certainly not impossible. In order to be able to take out a loan anyway, you have to actively look for a lender who will accept people with a negative quotation.

  • The best and quickest way to do this is to open a search engine like Google and search for terms like ‘borrowing without a BKR quotation’ or ‘borrowing with a negative BKR quotation’. If you search on these terms, you will automatically come into contact with lenders who still want to grant you a loan. Please note that this is a reliable lender, because there are also many rogue lenders active in our country who try to lure you with these kinds of promises.