Rescheduling is possible at any time with an installment loan, provided that the loan agreement was concluded at the earliest on 10 June 2010. Since that date, the exclusion of the right to early loan repayment for consumer credit is no longer permitted. The most common reason for the desired rescheduling of installment loans is the ability to replace expensive loans with a cheaper loan. Another reason for the replacement of existing loan liabilities is the rejection of the current bank against the request for an extension of the term and the associated reduction in monthly installments. Banks specializing in installment loan rescheduling often encourage simplification ofRead More →