15 Credit Rights You Didn’t Know You Had

By on August 31, 2015

Figure 12: You can repay your credit balance any time   www.lifehacker.com

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12.Right to repay faster

Yes, there is always a maximum time limit to pay back your balances. But, there is no minimum time limit of reimbursement. You can repay your credit balances at any point of time, no matter if it’s earlier than foreseen. Your credit rights protect and guarantee you for the early repayment of your debt. Moreover, the amount you pay cannot exceed the actual amount of interest that has been lost.

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