mortgage loans

Credit cards, conversion and micro-loans, the combo with which the Spanish get too much debt

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Credit cards, conversion and micro-loans, the combo with which the Spanish get too much debt

Take out a credit card for regular expenses, ask for a loan from the bank to renovate the house, finance purchases online in several installments and ask for microcredit for last minute emergencies. That’s how it is credit combo that is within the reach of any citizen and leads to excessive debt in Spain. Dangerous … Read more

CJEU: Part of the credit grant commission can be recovered when it is repaid in advance

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CJEU: Part of the credit grant commission can be recovered when it is repaid in advance

In an important decision related to consumer rights in the financial field, the The Court of Justice of the European Union (CJEU) in its ruling in case C-76/22, on 17 October, ECLI:EU:C:2024:890has addressed the problem of early repayment of mortgage loans, making it clear that banks are obliged to provide detailed information about the commissions … Read more