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Franc debtors provoked by costs and illegal contract provisions

20:49

Franc debtors provoked by costs and illegal contract provisions
Source: Freepik

There are approximately 70,000 suits in cases of Swiss francs in courts of the first instance, and as much as approx. 4,000 nin the second, the Financial Ombudsman informed summing up 2021. The franc debtors went to court en masse, provoked by unfair provisions in loan agreements with banks.

"They are burdened with very high capital and interest installments, and in the current situation…

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