Requesting an interest rate reduction for a fixed-rate loan – is that possible?

Is it possible to apply for an interest rate reduction if a loan with a fixed interest rate has been taken out?

I can imagine that for variable-rate loans, but for fixed-rate ones?

LG

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DerHans
2 years ago

A contract is a contract.

The entire loan agreement would have to be renegotiated. This is associated with costs that make this very quickly uneconomic.

DerHans
2 years ago
Reply to  Jogi123456

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Dorfkind63
2 years ago

You can always make an application. However, the contracting party does not have to respond to this. It can easily refer to the existing contract.