Exploring Loan Options: Can Germans Obtain Loans from Holland?

If you can’t get financing in this country, you might have the idea of ​​applying for a loan from Holland. But is this actually given to Germans?

There can be many reasons for taking out a loan: repairing the washing machine, getting a new car or paying off older debts. No wonder that an average of over six million new installment loans are taken out in Germany every year. However, a loan does not necessarily have to come from your home country. Theoretically, it is also possible to apply for a loan from abroad, such as Holland or the Netherlands.

Loans from Holland are generally possible for Germans

In Germany, the requirements for borrowers are comparatively high. Some consumers are therefore looking for alternative financing options abroad. The idea of ​​applying for a loan from Holland always comes up. After all, there is no Schufa in the Netherlands. But is it even possible for Germans to take out loans there?

The short answer is: Yes, as a German you can take out a loan from Holland. However, you should not expect your application to be automatically accepted. Dutch banks also have strict creditworthiness requirements for their applicants. In addition, a Schufa query can be part of your verification process if you have a branchen own in Germany.

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What advantages does a loan from Holland have for Germans?

Loans from our neighboring country are certainly worth considering if you are currently looking for a loan. Although the requirements for borrowers are similarly high, there are two main advantages over German loans:

Low interest rates

Compared to many other EU countries, the interest rates for loans in Holland are very tempting. There are even several banks where German customers are welcome. A loan from Holland can be worthwhile for Germans, especially for long-term financing.

No Schufa query

An important feature of Dutch loans is the fact that there is no Schufa query, as foreign banks generally do not have access to the German Schufa data register. After a commitment, there is no report to Schufa. Only if the bank operates branches in Germany can it work with Schufa. Otherwise, data exchange takes place with the Dutch Bureau Kredietregistratie (BKR).

Loan from Holland: Requirements for Germans

The Netherlands is located within the euro area and therefore allows relatively uncomplicated borrowing. Since residence in Germany is usually sufficient, you only have to look for a checking account with a Dutch bank. Another prerequisite for granting a loan is proof of a permanent job with the associated salary slips.

Pay slips or bank statements can serve as proof of income. To the disadvantage of many people, the age limit for Dutch loans is set very low. Most banks no longer give any approval after the age of 60. Therefore, the loan from Holland is not suitable for everyone.

In most cases it makes more sense for Germans to request financing from a local institution. Credit brokers like can also do this Auxmoney* be that have comparatively low requirements for borrowers. The company offers an alternative without Schufa Why*, which brokers so-called Swiss loans. However, a certain minimum income is also required here.

Conclusion: Take out a Dutch loan?

In principle, it is not a problem for Germans to get a loan from Holland. Many Dutch banks even welcome German customers. However, this form of loan is not necessarily suitable for everyone. The requirements for borrowers are similar to those in Germany, even if there is no Schufa query.

People with poor creditworthiness should look for alternatives. A private loan is an option here. The Swiss loan may also be an option, as the requirements for borrowers are low and there is no Schufa query. In return, borrowers have to expect higher interest rates. A free special repayment is also not guaranteed.