While consumers use credit, they pay some extra expenses to banks in all types of loans (mortgage, consumer loan, vehicle loan). According to the statement made by the Ministry of Customs and Trade, 75 different deductions are applied from the people who use the loan while consumers such as file expense, commission, loan monitoring cost, and the appraisal fee.
For these cuts, the Supreme Court made a clear decision to the financial institutions that “You can return these cuts to consumers, but if the cuts are justified, documented and unreasonable.” In other words, while organizations take these costs, such as file costs, they will have to be completely justified, and besides that, the fee must below.
Can the loan allocation fee be revoked?
Banks will not want to pay the extra expenses in any way when they use credit or credit style products. The last one will document this cut, even if it made this cut for justified and reasonable reasons.
The document we mentioned here is not the bank’s receipt; There should be an official document such as invoice, cash receipt, receipt document. Therefore, individuals who make such cuts can take this fee back at any time and do not have to pay. You can find answers to our questions such as what is the file cost refund and how to get it.
What is the Credit Allocation Fee (File Cost)
As the name suggests, the loan allocation fee is actually; it is the fee requested from the applicant other than an interest in response to the provision of such funding. This type of income is called non-interest income in the bank. Therefore, banks adopt such revenues quite.
As an example of these revenues; we can say income such as account management fees, credit card fees, etc. Of course, these revenues that the bank makes use of are not as well accepted by the public and consumers.
Credit File Cost Recovery
The issue of repaying the loan allocation fee has been on the agenda recently, as has been the case every year, and has been discussed by lawyers and bankers. Lawsuits have been filed against the courts many times in the past regarding the loan allocation fee, namely the cost of a file, some of these fees have been decided to be refunded due to some circumstances, and many banks have had to return these fees.
However, after these court decisions, banks changed their contracts, changed the name of this money cut, and closed a legal issue. However, the path is clear and clear for those who want to pursue the matter in the legal medium until the end.
First of all, a written application must be made to the relevant bank for the refund of the loan allocation fee, and the consumer arbitration board must be sent as a result of the response to this application. If the amount of credit withdrawn is too high and the Consumer Arbitration Panel exceeds the Monetary Limit, then the Consumer Court should be sued. A sample petition can be obtained from many places.
Is Credit Allocation Fee Legal?
When a certain limit was put into the deduction given by the Supreme Court under the name of file cost, banks changed the name of the amounts they cut and made a loan allocation fee. Loan allocation fees are not one-off, such as file costs, and are generally incurred in a small 6-month or 12-month period.
Although many users react to the deduction of credit allocation fees, banks are strict on this issue and do not intend to give back in any way. It is also expected that the loan allocation fees will be legal, as the five-thousandth of the withdrawal of the amounts deducted by the Supreme Court under the filed expense is legally accepted.
Can Credit Allocation Fee Be Taken Back?
Banks are currently deducting money under the name of the loan allocation fee since the refund of the amounts deducted from customers under the name of file expenses has started. At the moment, we would like to say that there is no such thing as refunding or repayment of loan allocation fees.
How is the loan allocation fee refunded?
As a result of the courts opened in the courts of the Supreme Court, the extra costs, which were taken under the name of the file costs incurred by the banks’ credit customers, were completely removed. A new arrangement is expected as a result of the lawsuits filed by the customers in the loan allocation fee.
According to the outcome of the Supreme Court decision, in case of a situation such that all or some of the loan allocation fees will be returned to the customers in addition to your customers, you can easily contact the bank and get all kinds of rights in case you cannot receive the loan allocation fee.