FAQs on the topic of credit
- Question 1: Why are the maximum interest rates for cash loans changing?
Answer: From 1 January 2024, the federal government will increase the maximum interest rate for cash loans to 12% due to the general rise 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 3 January 2024. In general, the maximum interest rate is 11.9 %, while a rate of 11.5 % 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.
