The Federal Court of Germany declared a loan fee for void

A pre-formulated clause concerning a "loan fee" in the amount of 2% of the complete loan amount is ineffective, if the building savings contracts is between a consumers and a building. Jurisprudence Bundesgerichtshof (BGH) from November 08, 2016, Az. XI ZR 552/15.

Further informations on Süddeutsche.de

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