The new General Terms and Conditions for consumer loans from BIGBANK AS are in force from 1 July 2011.

The new general terms and conditions are introduced due to the amendments in the Law of Obligations Act that are in force from 01.07.2011 and result in substantial changes in the current consumer loan regulation. For instance, the procedures for withdrawal from a contract and for premature loan repayment are different now. The amount of compulsory information in a consumer loan contract is also increased.