FOR DEBTORS

Unsecured loan and credit debt settlement

24 July 2021

Find out how you can settle your unsecured loan or credit debt. We review your financial information and propose the settlement that is right for you.

Unsecured debt consolidation loan

If your loan and credit debt falls within the Eurobank, ERB Recovery DAC or Mexico portfolio, we consolidate it all into a single interest and capital repayment loan with a specific duration and reduced interest rate.

We review your financial and personal information. Based on this information, you may enjoy a privileged interest rate for a specific period of time.

At the end of the privileged period, the interest rate is reset to the rate agreed upon when the settlement agreement was entered into and stays as such for the remaining duration of the agreement.

Find out the portfolio of your loan.

How you benefit

You group all your debt into a single settlement agreement. You pay lower monthly instalments, closer to your current ability to repay. This way, you ensure the smooth repayment of your loan.

Debt reduction

You may settle a significant part of your debt and pay lower monthly instalments. If you uphold your agreement, part of your debt may be waived.

  • If your loan falls within the Eurobank, ERB Recovery DAC or Mexico portfolio, you may also enjoy a privileged interest rate. During the privileged period you will only repay capital, without interest.
  • If your loan received the privileged period, at the end of this period the interest rate is reset to the rate agreed upon when the settlement agreement was entered into and stays as such for the remaining duration of the agreement.

How much your debt can be reduced is determined based of your financial information.

Find out the portfolio of your loan.

How you benefit

You pay lower instalments. This way, you ensure the smooth repayment of your loan.

If you uphold your agreement, part of your debt may be waived.

Final debt settlement

If you are facing financial difficulties, you may opt for final debt settlement. You just need to repay (one-off) part of your debt for one or more products.

For final debt settlement, we review your financial information that proves you are facing financial difficulties.

How you benefit

You settle your debt once and for all with discount. The outstanding debt is waived.

Extended car loan duration

If your loan falls within the Eurobank, ERB Recovery DAC or Mexico portfolio, you may extend its duration. Your loan instalments may be further lowered for a certain period of time.

For car loan settlement, we review your financial information, taking your age into account.

Find out the portfolio of your loan.

How you benefit

You pay lower monthly instalments for the remaining duration of the loan. This way, you ensure the smooth repayment of your loan.

Extended payroll personal loan duration

If you have received a payroll personal loan from Eurobank, you may extend its duration. Your loan instalments may be further lowered for a specific period of time.

For payroll personal loan settlement, we review your financial information taking your age into account.

How you benefit

You pay lower monthly instalments for the remaining duration of the loan. This way, you ensure the smooth repayment of your loan.