Pensioners and retirees are also looking for a loan. Age and income, however, play an important role in this. Some banks are already rejecting a loan request from the mid 50s. Others, however, also lend to over 60 year olds.…
Recently, the BGH has passed a verdict, which many bank customers should be pleased. The judges in Karlsruhe decided that banks are not allowed to impose any processing fees on their customers for loans, in addition to interest payable. This…