A loan would be considered late if the borrower would not repay the loan after the end of the loan agreement schedule. In case the interest payments under the loan payment schedule are overdue, for every day of the delay, an additional 5% yearly interest would be applied for each investment (accumulated overdue interest amount would be processed with the last payment per schedule).

If the borrower is not able to return the loan, a legal recovery process following the normative acts valid in the Republic of Lithuania and in the EU would be initiated.

For more information, please refer to the Procedure for management of defaults and Loan agreement. General conditions documents.