Consumer Credit Act (KKG)

Loans carry some risks - a considered approach to this financial service is therefore very important. The Consumer Credit Act protects you from getting into an over-indebtedness situation by taking out a loan.

It obliges lenders to check your creditworthiness before granting the loan at best.

However, it does not guarantee that your household budget is secure; therefore, we recommend that you plan your budget specifically and take into account possible financial bottlenecks due to changes in your life situation.

If necessary, take appropriate help from a Debt counselling in demand.

Federal law on consumer credit

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