FAQs on the topic of credit
- Question 1: Why are the maximum interest rates for cash loans changing?
Answer: From 1 January 2025, the federal government will reduce the maximum interest rate for cash loans to 11% due to the general fall in interest rates.
- Question 2: How will the changes affect BANK-now loans?
Answer: New maximum interest rates will also apply at BANK-now from 17 December 2024. In general, the maximum interest rate is 10.9 %, while a rate of 10.5 % applies for homeowners.
- Question 3: Will anything change for existing contracts?
Answer: No, if you already have an existing contract, nothing will change for you.
- Question 4: How can I get in touch if I have any questions?
Answer: If you have any questions, please call us on 0800 40 40 42 or use the contact form on our website. We are always available to clarify any ambiguities or provide further information.