Consumer credit is a loan that covers transactions other than those related to real estate. It specifically addresses the cash flow needs of a borrower wishing to finance the purchase of consumer goods.
Therefore, it is not necessarily a secured loan, that is to say a loan which is triggered by the purchase of a product and the presentation of its invoice (as with car loans).
A consumer loan is granted by a specialized credit institution or a bank insofar as the borrower is able to repay it.
Therefore, every borrower should know their consumer borrowing capacity before applying for consumer credit and inquire about the borrowing rates offered by the consumer credit market.
DÃQ LAEN offers consumer loans ranging from €5000.00 to €50,000,000.00. The repayment period depends on the borrower's financial capacity and the loan amount itself. At DÃQ LAEN, you can borrow for a term of 12 to 504 months.