As we have pointed out in previous articles, one of the types of loan that has seriously damaged the consumer is without doubt the multi-currency loan or mortgage, for which, instead of receiving the money in Euros, it is lent in a foreign currency, usually Swiss francs or Japanese yen, etc. They are very risky […]
Multi-currency mortgages are another of the products marketed by banks in Spain which have ruined entire families. In this type of mortgage the Spanish bank instead of handing over the amount of the loan in Euros, does it in a foreign currency, usually in the currency of different countries like Switzerland (francs), Japan (yen), etc. […]
BORROWERS ARE successfully winning back money from banks after wrongfully being charged a mortgage floor rate but they must still be wary. Clients are being warned to be careful with the lender’s calculations of interest after the floor rates were ruled illegal under Law 1/2017. As we have report our clients, it is really difficult […]
