Do you want to request a revolving credit, for example to ensure that you have some extra money in hand in the coming period? The revolving credit is a form of consumer credit, it is the opposite of a personal loan. What is a revolving credit and what can you borrow at the banks? These are questions we would be happy to answer so that you can request a revolving credit online and borrow the money that you will need in the coming period.
What is a revolving credit?
A revolving credit is really nothing but a financial buffer during the term that you agree. You can compare it with red on your checking account. For example, do you agree on a credit limit of $ 5,000 with the bank? Then you can withdraw money up to that amount. You only pay interest on the amount that you have actually withdrawn, the rest of the limit only serves as an additional possible buffer. You can repay amounts in the meantime and withdraw the repaid amounts later. Do you want to request a revolving credit? Then you opt for a very flexible credit in that regard.
What is the maximum I can borrow
Do you want to request a revolving credit? Then it is wise to first find out for yourself what you can borrow maximum. In this way you ensure that you are not confronted with surprises and that you can make a realistic application to the bank. You can calculate online what you can borrow on the basis of the gross income that you have available, minus any other loans. You can then apply for a revolving credit with the bank within that limit. You can simply do this online, the bank will then perform a BCR check and ask you for various (financial) documents.
Apply for credit online
You can apply for a revolving credit online that way, it will take a few days on average until you will have access to it. You can then withdraw money up to the credit limit. After applying for your revolving credit, you can decide to withdraw the full amount, or do a first transaction and keep the rest as a buffer. Do you want to request a revolving credit from one of the credit companies? You can compare multiple quotes and interest rates to arrive at the best possible ‘price’ for the money.