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MORE THAN 300 ASTURIANS SUE AGAINST THE “REVOLVING” CARDS

Users claim the nullity of the contract based on the Usury Law Since August, 300 Asturians have filed lawsuits for usury on cards and bank credits known as "revolving." They are lines of credit granted to a client for a certain time and with an established limit. These users claim the nullity of the contract based on the Usury Law of 1908 and the Supreme Court ruling of 2015, which understood that the interest rate of this…

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REVOLVING: AN OLD WOMAN DISPOSED 3,000 EUROS AND HAD TO RETURN 4,510

Several court rulings in Asturias agree with clients who demand their money back from the banks. The Provincial Court of Gijón condemns BBVA to return around 1,500 euros to a client who reported the entity for the abusive interest on her credit card, which amounted to 24.6%. Although there is still some reluctance among those affected by revolving cards in Asturias to take the step and report their case to the courts,…

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