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Aware: 2020-08-04 10:07
Photo by Judita Grigelyts (V)
Lithuanian commercial banks have reserved more than 280 million shares for the population since mid-March, when the quarantine was announced on COVID19. Repayment of a mortgage loan worth EUR.
The Lithuanian Bank Association (LBA) reported that its members and the finances of other countries depended on metro. September 30 The period of the loan moratorium will be extended, so that those who contact COVID19 have more time to postpone the repayment of their loans without lengthy procedures, changes in interest rates and agreed quotas.
LBA members have initiated a moratorium on the temporary deferral of credit obligations to private clients. meter. April, given the uncertainty of the economic situation in the first quarter of the year and to simplify the loan deferment process, recalls the LBA.
The moratorium is required to allow all private clients to defer mortgage payments for up to 1 year, and consumer lease and credit for up to six months, without changing the terms of the contract or salary.
It is true that during the deferred loan period, credit institutions must continue to pay interest, which are normally loan payments of less than half a month.
An estimated 10 other non-member financial companies have joined the LBA moratorium so far.
The LBA advises that in the event of loss of employment or loss of income, the loan deferment does not automatically apply and your financial service provider should contact you.
Payment of the main portion of the home loan may be deferred for up to 12 months only to those who have adequately paid their fees prior to the start of quarantine.
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