Mortgage expenses stall the courts: 7 months to process claims

The claims for the mortgage expenses are collapsing the courts specialized in this matter. In some provinces, courts are taking about seven months to dismiss the hundreds of thousands of lawsuits filed by clients, a situation that benefits banks, since it discourages consumers from claiming, according to the law firms…

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The banking press for us to consume beyond our means

The bank begins to risk with the credits in an attempt to lengthen its balance and improve its margins. Mortgage growth has attracted attention, but consumer credit is not lagging behind. Not only is there growth in indebtedness, but also high, even abusive interest rates. The average rate in loans…

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Spanish banks start giving mortgages at a fixed rate of 1.5%

The high exposure to real estate credit was what made the financial crisis that hit the global economy stronger in Spain. It seems that history repeats. The real estate credit is already 40% of the new loan, according to the data of the Bank of Spain. A fact that makes…

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Deutsche Bank made a transfer of 28,000 million euros by mistake

The entity sent the 28,000 million euros to an account in Deutsche Boerse Eurex about a week before Easter, according to Bloomberg reported on Thursday. Obviously, Deutsche intended to make a much smaller transfer. The bank admitted the error, but it was justified on the grounds that it “identified the…

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