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Mortgages in Spain: the Legal Offensive Questioning Bank-Bonified Insurance · Global Voices
Summary by Confidencial Digital
1 Articles
1 Articles
Pedro Sánchez prohibits banks from activating cards without permission The regulation of real estate credit agreements in Spain is contained in Law 5/2019, regulating real estate credit agreements. This rule expressly prohibits related sales, that is to say, obliging the customer to contract an additional product to grant the mortgage. However, it allows so-called combined sales, in which the entity offers improvements in the interest rate if th…
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