Overdraft interest rates too high who has the ability to overdraw his bank account, must it currently usually reach deep into the Pocket. Overdraft interest rates are currently some 13 percent. Without emergency no one would like to use in this situation probably the possibility of overdraft. The finance portal geld.de reported about the current problems with regard to the high interest rates on loans of disposition. For most should probably mostly incomprehensible be why some banks demand currently immense interest for disposition credit. Finally they provide cheap is because of the low rate of the European Central Bank (ECB) even on cheap credit money.
The interest rate has fallen since 2008 to about 3.25 per cent according to Frankfurt analysts of Mano services. The interest rate cut is not arrived but customers, at least not in the area of Dispozinsen. This has fallen over the same period at an average of only 1.3 percent. Consumer advocates see it merely a method Banks, to attract their customers the money out of your pocket. The Board of Directors of the Federation of consumer organizations, Gerd Billen, calls therefore limiting the overdraft interest rate. The policy also sees need for action now.
Transparency should be created with the consumer credit directive. Therefore customers should be informed immediately by their bank on changes of interest management loans. In addition, bank reference interest rates should be linked. However, such a pairing brings perils as. If in the coming years the interest rates should rise again, these increases could be passed to customers. More information: blog.geld.de/kredite/… GELD.de GmbH Lisa Neumann