08/25/2016
This article was translated by an automatic translation system, and was therefore not reviewed by people.
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Right to early debt discharge, with reduction of the total amount, is guaranteed by the Consumer Protection Code and the BC
The day
Rio - It's not easy to pay off a loan before the deadline set in the contract. It is a stop receiving banks and financial calculations with the updated value of the debt prepayment, considering the calculation of interest and other charges, and the billet with the amounts to be paid. Worse, lack clarification on the criteria used when informing the outstanding balance. The consumer should be aware.
The interest would be charged on each share that will be brought forward should be discounted. The right to early debt discharge, with reduction of the total amount, is guaranteed by the Consumer Protection Code and the Central Bank. Goes for bank loans or financing (real estate, cars or consumer goods) and there can be no collection of fees due to the early settlement. Remember that anyone who decides to pay down debt in advance should be treated the bread sponge cake.
Source: The Day
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This article was translated by an automatic translation system, and was therefore not reviewed by people.