Changing the conditions
Both parties must agree to any changes to the original conditions.
Once the parties have signed the loan agreement they are bound by its terms.
The terms of the agreement must therefore envisage the option of modifying them for this to be possible.
In any case, any change to the loan conditions requires the consent of all the parties involved, and lenders are not obliged to accept customers’ proposals.
Note that changing the loan conditions may result in a fee being charged.
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