Loan refinancing reversed after withdrawal Austria?
Dear community,
I asked this question before, but I can't find it and I haven't received an answer yet, so I'm writing the same question again to make sure it reaches you
I took out a loan from Santander Bank Austria.
This was used, among other things, to pay off an old loan at the same bank and to settle an outstanding balance on my Santander card. Additionally, a sum of money was paid into my account.
I would like to withdraw from the contract within the 14-day withdrawal period and repay the amount immediately.
My question now:
Will the old loan agreement (which was paid off with the new loan) be resumed under the old conditions?
I'm not entirely sure
You can revoke the new contract, but the old loan can usually not resurrect if the money has already flowed. You will have to complete the repayment by revocation via your account.