Type: Judgment

Authority: European Authorities: Euopean Union' Court of Justice

Date: 02/09/2023

Subject: According to the Court, the consumer’s right, in the event of early repayment of his or her mortgage credit, to a reduction in the total cost of the credit does not include costs that are not dependent on the duration of the agreement. The consumer can therefore claim only a reduction in interest and in costs that are dependent on the duration of the agreement

Parties: UniCredit Bank Austria

Classification: Solidarity - Art. 38 Consumer protection

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