Debt Restructuring Calculator

Debt restructuring is the reorganization of your existing loan debt with a new interest rate and term. It is generally offered to customers experiencing payment difficulties and aims to reduce the monthly installment burden. The bank recalculates your existing debt by agreement.

It depends on the type of restructuring. Voluntary restructuring with the bank generally does not negatively affect credit score. However, restructuring of debts in legal proceedings or the presence of late payments may lower the credit score.

Yes, if you have multiple loan debts, you can combine them under a single restructuring loan. This is called debt consolidation. All debts are added together and converted into a single installment with a new term and interest rate.