Vorzeitige Rückzahlung
The option to repay a loan early is governed by the Consumer Credit Act and, in covered cases under the Act, is possible at any time and free of charge. In other cases, depending on the provider, there may be charges that are added to the repayment amount. These charges usually include ordering a final bill from the existing lender
Early repayment can either be made from the borrower's own funds or realized by rescheduling to another lender. In either case, early repayment offers the advantage of allowing the borrower to clean up their financial situation sooner than planned.
It is important to note that the exact conditions for early repayments can vary from provider to provider. Therefore, it is advisable to find out about possible costs and modalities before making an early repayment.
At Crowd4Cash, we support our customers with all questions regarding early repayment and ensure that the process is smooth and transparent. Our mission is to provide our customers with financial flexibility and control, even when it comes to loan repayment.
