Austria: Consumers to be repaid debit interest for deferred loans
February 2022 – Austria – TAIYO Legal In order to provide financial relief to consumers who had become unemployed or were on short- time work as a result of the pandemic, a statutory deferral of loan installments for consumer credit agreements was passed at the beginning of 2020 (cf. Section 2 2nd COVID-19-Justice Accompanying Act). Nevertheless, some banks continued