KM Financial Solutions | UPDATE 1-Spain’s Supreme Court considers WiZink revolving credit card credit usurious
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UPDATE 1-Spain’s Supreme Court considers WiZink revolving credit card credit usurious

UPDATE 1-Spain’s Supreme Court considers WiZink revolving credit card credit usurious

Spain’s Supreme Court on
Wednesday said it considered usurious and null an annual 27%
rate applied to a revolving credit card by online bank WiZink as
it was above the normal cost of credit.

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