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BGB 504 If the consumer performs his obligations under the instalment payment transaction in advance , the instalment price is reduced by the interest and other duration-related costs which , if a graduated method of calculation is applied , are attributable to the period after the date of advance performance . If a cash price as referred to in section 502 ( 1 ) sentence 2 does not have to be stated , the statutory rate of interest ( section 246 ) is to be used as the basis . However , the entrepreneur may demand interest and other duration-related costs for the first nine months of the duration originally envisaged , even if the consumer fulfils his obligations before the end of this period .
Level:
Leistung:
fehlt
Status:
Englisch
BGB 504
If
the
consumer
performs
his
obligations
under
the
instalment
payment
transaction
in
advance
,
the
instalment
price
is
reduced
by
the
interest
and
other
duration-related
costs
which
,
if
a
graduated
method
of
calculation
is
applied
,
are
attributable
to
the
period
after
the
date
of
advance
performance
.
If
a
cash
price
as
referred
to
in
section
502 ( 1 )
sentence
2
does
not
have
to
be
stated
,
the
statutory
rate
of
interest
(
section
246 )
is
to
be
used
as
the
basis
.
However
,
the
entrepreneur
may
demand
interest
and
other
duration-related
costs
for
the
first
nine
months
of
the
duration
originally
envisaged
,
even
if
the
consumer
fulfils
his
obligations
before
the
end
of
this
period
.