The Credit Application and Agreement serves as a fundamental document in Belgian financial transactions, designed to facilitate and formalize credit relationships between financial institutions and borrowers. This document is essential when any party seeks to obtain credit facilities from a Belgian financial institution, whether for personal, commercial, or specific-purpose financing. It incorporates all elements required by Belgian financial regulations, including Book VII of the Code of Economic Law and relevant EU directives, ensuring comprehensive compliance with both national and European requirements. The document structure allows for the collection of necessary applicant information, creditworthiness assessment, and the establishment of legally binding credit terms. It includes mandatory disclosures, standardized information sheets, and consumer protection provisions as required by Belgian law.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Your data doesn't train Genie's AI
You keep IP ownership聽of your docs
1. Parties: Identification of the credit provider and the applicant/borrower with full legal names and details
2. Background: Context of the credit application and agreement, including the purpose of the credit
3. Definitions: Definitions of key terms used throughout the agreement
4. Credit Facility Details: Specific details of the credit facility including amount, interest rate, APR, and duration
5. Application Process: Steps and requirements for the credit application, including required documentation
6. Creditworthiness Assessment: Process and criteria for assessing the applicant's creditworthiness
7. Representations and Warranties: Declarations made by the applicant regarding their financial situation and provided information
8. Terms and Conditions: General terms governing the credit agreement including repayment terms
9. Interest and Charges: Detailed breakdown of interest calculation, fees, and other charges
10. Repayment Terms: Schedule and methods of repayment, including early repayment provisions
11. Default and Remedies: Consequences of default and available remedies for the credit provider
12. Data Protection: Handling of personal data in compliance with GDPR and Belgian law
13. Governing Law: Confirmation of Belgian law as governing law and jurisdiction
1. Security Arrangements: Required when the credit is secured against assets or requires guarantors
2. Insurance Requirements: Include when credit agreement requires specific insurance coverage
3. Co-Borrower Details: Required when there are multiple borrowers on the application
4. Special Purpose Provisions: Include for specific types of credit (e.g., auto loans, home improvement loans)
5. Digital Communication Consent: Include when electronic communications will be used for notices
6. Credit Insurance Options: Required when offering optional credit insurance products
7. Automatic Payment Authorization: Include when automatic payments are offered or required
1. Schedule A - Application Form: Standard credit application form with all required fields
2. Schedule B - European Standard Information Sheet: Mandatory standardized information sheet as per EU directive
3. Schedule C - Repayment Schedule: Detailed amortization table showing payment schedule
4. Schedule D - Fee Schedule: Complete listing of all applicable fees and charges
5. Schedule E - Required Documentation List: List of documents required for application processing
6. Appendix 1 - Privacy Notice: Detailed privacy notice compliant with GDPR requirements
7. Appendix 2 - Terms and Conditions: Detailed terms and conditions of the credit agreement
Find the exact document you need
Agreement Letter For Money Lending
A Belgian-law governed letter agreement establishing terms and conditions for money lending, including loan amount, interest, and repayment terms.
Download
Credit Application And Agreement
A Belgian law-governed document combining credit application procedures and credit agreement terms, compliant with Belgian and EU financial regulations.
Download
Employee Credit Card Agreement
A Belgian law-governed agreement establishing terms and conditions for employee corporate credit card usage, including rights, responsibilities, and compliance requirements.
Download
Consumer Credit Contract
Belgian law-compliant consumer credit agreement establishing terms for consumer lending, aligned with Belgian Code of Economic Law and EU directives.
Download
Revolving Credit Loan Agreement
A Belgian law-governed financing agreement establishing a revolving credit facility with flexible drawdown and repayment terms.
Download
Credit Loan Agreement
Belgian law-governed agreement establishing terms and conditions for a credit facility between a lender and borrower, compliant with Belgian financial regulations.
Download
Revolving Credit Agreement
A Belgian law-governed agreement establishing a revolving credit facility that allows for multiple drawdowns and repayments, subject to Belgian financial regulations and EU directives.
Download
Credit Sale Agreement
A Belgian law-governed agreement combining sale and credit terms, enabling purchase of goods with payment in installments while ensuring compliance with Belgian consumer protection and financial regulations.
Download
Credit Agreement Letter
A Belgian law-governed letter detailing credit facility terms and conditions, compliant with Belgian banking regulations and EU credit directives.
Download
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
We are ISO27001 certified, so your data is secure
Organizational security:
You retain IP ownership of your documents and their information
You have full control over your data and who gets to see it