The Supreme Court has ruled that bank customers who previously negotiated a reduction in the floor clauses in their mortgage loans – abusive clauses that set a minimum rate below which the interest could not fall no matter how low reference rates dropped – still maintain their right to file lawsuits demanding a full refund of the amounts unduly charged due to the floor clauses. The ruling came in a case in Pamplona.
COSTA DEL SOL NEWS
‘Robin Hood’ government slammed by the banks
Big banks and electricity giants are registering record profits – but are still up in arms over additional taxation imposed by the government to...
