Interest Index IRPH Tag

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The Gates Open to Claims of Abusive Interest Index IRPH in Spain

mortage rate claims spain

The conclusions of the General  Attorney of the European Court of Justice were announced on the morning of Tuesday, September 10th 2019, and represent a blow to both the Spanish banks and to the Supreme Court's ruling of December 14th, 2017, that stated that mere reference to the index did not imply a lack of transparency. Their conclusions, although not binding, mark the path to be followed by the EUCJ in its sentence that is expected by the end of this year 2019. And could mean that Spanish banks will end up paying out billions of Euros in compensation to up...

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