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 […]
Claims against banks for the sale of preference shares and complex financial products.
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New ruling annulling a multi-currency mortgage loan. Banco de Valencia found to have sold improperly one of our clients
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 […]
Transparency and its legal importance in the claims of consumers and users. Know your rights.
THE law and the rules for the protection of consumers and users have been developed in an extraordinary way both in Spain and in the European Union, with the particular directive in 93/13 covering unfair terms in consumer contracts applicable to the countries in the EU. Among other issues, one of the most important […]