CJEU finds Swiss franc borrowers renting apartments are in fact consumers

The Court of Justice of the European Union (CJEU) ruled that renting out a property purchased by a borrower with a Swiss franc loan does not strip them of consumer status, as long as the rental income is unrelated to their professional activities. This decision arose from a case involving a couple in Warsaw who bought an apartment and rented it out. The court emphasized that consumer status should be determined by whether an individual is conducting a business in that area and their level of information, as consumers are at a negotiating disadvantage against banks.

This ruling allows borrowers in similar situations to benefit from consumer protection laws, including provisions for contesting unfair loan agreements.

(pb.pl)