Most credit institutions offer very favorable conditions on loans in the currency of other countries. The interest rate is very attractive, the odds for approval are also great. Most chooses between loans in euros and dollars.
It is impossible to predict the growth and drop in the currency, which may be dangerous for the borrower. Currency fluctuations depends on a large number of conditions.
In case you have already acquired a currency loan, but you have any difficulty return, there is an output:
Many still have difficulties due to events of those times.
First of all, upon receipt of a loan in foreign currency, all risks should be assessed. Restructuring and refinancing can not always be profitable for you.
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