Usury: FACUA takes action and Cofidis returns 14,000 euros to a client s heirs
The deceased had a revolving credit card for 14 years for which he paid an interest of 22.95% APR. Cofidis refused to provide the contract to his family, claiming that they had lost it.
FACUA.org
Spain-26/11/2021
After FACUA Madrid took action, Cofidis has returned 13,681 euros to a low-income pensioner’s heirs. The pensioner had contracted a revolving credit card in 2007 to which a usurious interest of 22.95% APR was applied. The company refused to provide the contract to his heirs, claiming that they had lost it.
Usurious interest
When Alberto Robles‘ father died in February 2021, he did not imagine the surprise that he was going to find. During the different steps that he was carrying out to close all the pending matters left by the death of his father, an unfinished loan was found through a revolving credit card. The deceased hadn’t finished paying the loan with Cofidis and so it’s debt exceeded 4,000
Contenido exclusivo para socios
