29 Jun, 2021 → by sir P.M.
Favorable on the loan interest, but there is confusion with the timing

Several years ago I took out a loan from this bank and all the time I strictly adhered to the payment schedule. Several months ago I decided to pay off the loan 2 months in advance. At first everything was fine and in my personal account I saw that the final maturity of the loan decreased by 1 month. When I went to my virtual banking a few days later, it turned out that the loan repayment terms are the same as before. At the same time, a bank employee told me that all the dates are correct. Maybe they have some kind of penalties for early repayment of the loan, and I’ll have to pay off this penalty in the last month of payments. I have carefully read my loan agreement, but there are no penalties indicated. In general, I’ll hope that the bank will sort it out and everything will be all right.
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