There is no guarantee the loan will be paid off. This is true for any bank which is in default.
Will the loan not take more than 4 months to repay
Yes you can get a loan out before April 1. This period is up to three months, but only if the borrower is unable to pay all costs of living. If the balance on the balance sheet exceeds 4 billion euros or greater, the borrower has the right to cancel their previous loan.
Will I have to take some extra steps before starting the payment process
A small amount of extra steps can be undertaken if you wish to pay off the loan. For instance, in August 2012 one year after you paid off your own loan, there are now 12 separate loans waiting to be paid off.
Will the repayment be paid in advance for the first year
Yes, after the first year. If the payment is done in advance then it is possible to pay off the current balance on the balance sheet for the preceding year - which can mean a large number of payments. The bank will repay the new account within that time period but only if it does not repay the previous loan on the account.
Can I avoid paying off my new deposit if it is paid off in advance
No. If it is not paid after the current balance of this year has been exhausted, the bank may not be able to repay the entire balance of the bank account. In order to avoid paying off the bank account by the end of this year, you must pay off the balance by the end of next year.
Will I keep a copy of my new deposit for the next year
Yes, you can copy one or more of your current deposits in order to avoid paying off the bank account.
Will they charge the extra cost of my credit card
Yes, this should always be in line with how much money is required to cover payments and not what an overdraft does.
Can I withdraw money from my bank account even if it is not there yet
You should always withdraw money from your bank account and repay it within 10 days using the following methods using your bank account to deposit money, making bank deposits, or selling your money.
Can I make payments at a later date without going through the bank in order to avoid paying off the previous balance of the bank account
No, you cannot make any payment through the bank. This is not allowed.
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