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Although they are not very common in Spain, Spanish mortgage loans in foreign currency, such as Swiss Francs, Japanese Yen, and US Dollars, are causing great harm to those consumers who contracted them. These types of mortgages – known as multicurrency or foreign currency mortgages or loans – carry a higher risk than the normal […]
There could be potentially thousands of customers and small investors who have lost money invested in the Participating Shares (Cuotas Participativas) of the CAM bank, mainly within the provinces of Alicante and Valencia. Among those affected by this toxic investment product, many are expatriates. In many cases their bank did not disclose that they were […]
If you have a mortgage or a personal loan with a bank and have had problems making the payments, it is possible that your bank will have sold your credit to a third party, otherwise known as a vulture fund. Normally the bank performs these assignments when it understands that the credit is a risky […]
