Paid-out loans without payment defaults remain for a period of exact day three years to the date. Example: If you paid the last loan instalment on 20.01.2015, it would be deleted on 19.01.2018. For you as a consumer, this can be an advantage to take a new load as the bank would notice and appreciate you have already paid a loan properly and on time.  In case of a premature or contractual settlement of loans, it identifies you as a reliable borrower.