Does it have a 'Carrefour Pass' card? The Supreme Court rules in favor of customers in the first collective lawsuit against 'revolving' cards
The Supreme Court of Spain has ruled in favor of customers in a landmark case against Carrefour's revolving credit cards, allowing for the recovery of excessive interest charges.
The Supreme Court rules on the first collective lawsuit against revolving credit cards
The Spanish Supreme Court has ruled in favor of a collective lawsuit against revolving credit cards, citing a lack of transparency in their practices.
Aid for the Captive Debtor
The government aims to cap the maximum interest rate for consumer loans, including 'revolving' credit cards, at 22%, highlighting the lack of arguments against such a measure.