There are limitations to reducing loan payments, but some options may be available.

Since the European Central Bank (ECB) started raising its interest rates last year after an 11-year pause in an effort to curb the rapid rise in inflation, the Euribor rate for interbank loans has also risen significantly. As a result, monthly loan payments for both individuals and legal entities have increased. However, some borrowers do not sit idly by and are actively exploring ways to reduce loan payments.