Lending conditions in Luxembourg

Conditions required to obtain credit

Certain conditions must be met before you can submit a credit application through our company. If you do not meet these mandatory criteria, the application will not be admissible and cannot be passed on to the financial partners that Credit 24 works with.

Here are the mandatory criteria for granting credit:

• You must be of legal age (over 18).
• You must be under 75 (80 for property owners).
• You must be resident in the Grand Duchy of Luxembourg (or in Belgium).
• You must receive regular income from the Grand Duchy of Luxembourg (or from Belgium).
• You must not be registered with the National Bank of Belgium.
• You must not be in debt mediation. You must not have a wage attachment.

Conditions relating to professional (or non-professional) activity

Regular income is needed to obtain credit. That income may come from employment in Luxembourg (or in Belgium) or from self-employment (in Belgium only), from a pension (CNAP retirement, European Commission and so on) or from replacement benefits (CNAP health insurance, ADEM unemployment benefit, RMG, European Commission and so on).

That income must come from employers or bodies located in the Grand Duchy of Luxembourg or in Belgium.

Not everyone named on the credit application needs to have income. For example, where the borrower receives sufficient regular income (an employee or civil servant on a permanent contract, say), the co-borrower (unemployed, a student, at home with the children and so on) will not necessarily be required to have any income.

Other criteria reviewed

The review of your credit application focuses chiefly on your ability to repay, that is the financial means available to you, and to any co-borrower or guarantor, to meet the repayments once your outgoings have been deducted.

In conclusion

Ultimately, beyond the criteria that are strictly required, no two cases are alike, which is why every credit application is reviewed personally.

To obtain a decision, submit your credit application with no obligation and our advisers will give you a fast answer.

Updated on September 22, 2026