Experience with IG cancellation and financing partners

Hello community,

We are currently reviewing our existing loan agreement for a possible right of revocation.

Have you already had experiences that you would like to share with me, especially regarding the cooperation with the recommended financing partners of the IG?

So far, we are very positive about the previous contact and procedure, but we would very much like to compare this with other experiences.

Thank you in advance, we also welcome private messages if you prefer not to share your experience publicly.

Best regards.

Hasn't the legislator put a stop to that?

Yes, for certain contracts there is a deadline. I believe June 2016. Our contract is not affected.

What kind of contract do you have that he is not affected?

With my thread I am looking for an exchange of experiences with others, I do not want to discuss the topic of withdrawal as such or details of our contract. That is explicitly not what this is about, and it has already been addressed in another thread, which is completely OK with us.

: He probably has one after June 2010.

For loans concluded by June 10, 2010, this revocation period ends on June 21, 2016. Those who have not revoked by then lose the opportunity. Loans concluded after June 2010 are not affected by this regulation.