Loan Agreement Terminated

The amount of the loan granted may be reduced in respect of such a credit that has not yet been fully used, that is.part the loan granted has yet to be paid to the borrower. In practice, a reduction in the loan amount means that the borrower loses the right to require the bank to withdraw the unused portion of the loan. Another circumstance that the borrower has the right to give the bank the right to terminate or reduce its amount is the loss of creditworthiness of the borrower. The Consumer Credit Act only regulates the termination of a revolving credit agreement. .

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