COGNICURRENT

Major Japanese banks have announced an increase in variable interest rates on home loans, causing a significant rise in refinancing consultations among borrowers.

The Greek Ministry of National Economy and Finance has established a Working Group to monitor borrowers' complaints against loan servicers.

Greek authorities report no violations of EU law concerning loan agreements in Swiss francs for borrowers in Greece.

There has been a massive response from borrowers to the restructuring of loans in Swiss Francs, with over 3,000 individuals seeking adjustments.

The Greek government has launched an online platform to help borrowers with loans in Swiss Francs restructure their debts, offering significant debt reductions and fixed interest rates.

A new online platform for borrowers with loans in Swiss Francs is now operational in Greece, allowing for conversion of these loans to euros under specific terms.

A Lithuanian lawyer discusses the implications of debt vacations for borrowers and the conditions under which they can apply, especially in relation to the second pension pillar.

A new online platform has been launched in Greece allowing borrowers with loans in Swiss francs to apply for restructuring to convert these loans to euros.

The liquidation of Pleno Bank requires borrowers with Credcesta loans to continue making payments despite the bank's closure.

The average credit card purchase APR in the UK has reached a 20-year high of 35.8%, prompting concerns for borrowers regarding their debt.

In Lithuania, many companies may inadvertently overlook thin capitalization rules, risking higher corporate tax payments.

Borrowers who choose to participate in a recently passed regulation will secure stable Euro payments and significant debt relief for their Swiss Franc loans.

The European Court of Justice (CJEU) has ruled on the WIBOR dispute, affecting borrowers who claim inadequate information from banks regarding loan conditions.

The EU Court of Justice is set to rule on questions regarding WIBOR, which could significantly impact both banks and borrowers in Poland.

This article discusses the potential pitfalls of loans and the importance of a registry and fee structure to help borrowers.

Servicers in Greece are adjusting to a recent Supreme Court decision regarding Katselis law loans, allowing borrowers to temporarily pay principal without interest.

A price war among mortgage institutions in Denmark is lowering home loan rates; however, not all borrowers will benefit from these reductions.

In two weeks, the platform for regulating loans in Swiss Francs will open, allowing borrowers to apply for restructuring of their loans until August 19, 2026.

The Trump administration has announced the suspension of over 111,000 California borrowers linked to $8.6 billion in suspected fraud related to COVID-19 relief programs.

A new support framework is being implemented in Greece to protect vulnerable borrowers from loans in Swiss francs and those under the Katseli Law, with particular attention to disabled individuals.

The SBA has suspended over 100,000 borrowers in California due to suspected fraud involving nearly $9 billion in loans during the pandemic.

The article discusses the significant interest rate disparities between bank loans and second-tier financial institutions for low-credit borrowers in South Korea.

A landmark Supreme Court decision changes the way interest is calculated on loans under the Katseli law, likely resulting in refunds for borrowers who have overpaid.

The recent decision by the Supreme Court provides relief to over 200,000 borrowers involved in Katseli law, detailing the obligations for banks regarding interest calculations on loans.

The Supreme Court's decision on the Katseli law triggers a domino effect, necessitating a recalculation of interest and alternative plans for vulnerable borrowers under the 'Hercules' program.

Katseli emphasizes that the recent Supreme Court decision is crucial as it secures the financial survival of thousands of borrowers, preventing unfair wealth redistribution from vulnerable households to banks and funds.

The announcement from EKPOIZO outlines the immediate positive impacts the Supreme Court's ruling will have on borrowers, urging banks and servicers to promptly implement the decision.

The Supreme Court of Greece made a significant ruling affecting around 350,000 borrowers under the Katseli Law, determining that interest on restructured 'red' loans will be calculated based only on the monthly installment set by the court rather than the total debt.

The European Central Bank has decided to maintain the key interest rate for the Eurozone at 2.0 percent, marking the fifth consecutive meeting without a rate change, raising questions about implications for savers and borrowers.

Independent MEP Nikola Farandouris described the Supreme Court's decision regarding 'red' loans as a significant victory for thousands of borrowers covered by the Katseli Law during an interview on Nafteboriki TV.

Kostas Tsoukalas of PASOK highlights a historic Supreme Court decision that calculates interest based on monthly installments rather than total debt, marking a significant victory for borrowers.

The Greek Supreme Court's recent decision impacts 50,000 loans valued at 5 billion euros, creating new challenges for vulnerable borrowers and potentially increasing management costs for banks and servicing companies.

The Supreme Court's ruling on the Katseli law introduces new challenges for vulnerable borrowers and banks, significantly impacting management costs and potentially affecting guarantees under the Hercules plan.

The Supreme Court decided that interest on loans under the Katseli law will be calculated based on the monthly installment rather than the total amount, favoring borrowers.

The Supreme Court has ruled that interest for borrowers under the Katseli law should be calculated on their monthly installments rather than on the total loan amount.

The Supreme Court supported borrowers by ruling that interest on loans covered by the Katshéli Law will be calculated based on the monthly payment rather than on the total amount, significantly reducing repayment amounts for approximately 350,000 borrowers.

The Greek Bank Association announced improved conversion terms at a fixed interest rate of 2.3% for borrowers with disabilities, categorizing them as receiving a 50% benefit.

The Plenary of the Supreme Court is set to decide on the calculation method for loans under the Katseli law, which has significant implications for borrowers involved.

Today marks a critical day for approximately 350,000 borrowers awaiting the Supreme Court's final decision on how interest on 'red' loans will be calculated under Law 3869 of 2010.

A recent poll reveals that nearly half of Brits support the government writing off some or all student debt, particularly among graduates, amid concerns over a repayment freeze for Plan 2 borrowers.

Last year, over 100 million euros in student loans went unpaid, affecting nearly 9,000 borrowers, prompting Kela to step in as a guarantor.

The Plenary Session of the Supreme Court is set to determine how the interest on regulated debts will be calculated, crucial for 350,000 borrowers under the Katseli Law.

The Reserve Bank of Australia's interest rate increase sparks mixed reactions among retirees, who acknowledge the benefits to their finances while expressing concern for the struggles faced by younger borrowers.

The Supreme Court has ruled on the distinction between consumer credit and credit related to business activities, dismissing claims from two Francophone borrowers who sought to invalidate their loan agreements.

The Greek Supreme Court will issue a decision on February 5 regarding the calculation of interest for 350,000 borrowers under the Katseli Law dealing with repayment issues and the management of distressed loans.

The plenary session of the Supreme Court will hold a closed-door deliberation to determine the method of calculating interest for borrowers covered by the Katseli Law.

The Supreme Court is set to decide on a crucial matter regarding interest calculations for borrowers under the Katseli law facing repayment issues, affecting around 350,000 borrowers and the companies managing the bad loans.

The Supreme Court's plenary session is set to decide on the method for calculating interest for debtors under the Katseli Law, impacting borrowers significantly.

House Speaker Mike Johnson expressed concerns about President Trump's proposal to cap credit card interest rates, warning it could lead to unintended negative effects for borrowers.

A Trump-aligned legal group is urging the Consumer Financial Protection Bureau to eliminate a rule requiring lenders to report demographic data, arguing it detracts from focusing on borrowers' creditworthiness.