THERE were many banks that when granting a mortgage loan made it a condition that borrowers take out a life insurance policy to cover the loan instalments in case of death. In a number of cases, such insurance was paid in full (in a single premium) at the same time as the mortgage loan […]
Claims against banks for the sale of preference shares and complex financial products.
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Spanish revolving credit cards and their status REVOLVING credit cards are a form of financing, since they allow the repayment of money received from the bank, in a flexible way, normally through monthly payments, which will correspond to a fixed monthly fee, or, where appropriate, a percentage of the pending debt. Many banks in Spain […]
Dear Readers, IN today’s article, we want to talk about a new court ruling granted in favour of one of our clients who was affected by a multi-currency loan combined with an investment product, which was sold to them as an equity release. It was a product, marketed by the Bank of Valencia, under the […]