The Supreme Court resolves the usurious nature of the interest agreed on a ‘revolving’ card

The Civil Chamber of the Supreme Court has resolved two sentences in plenary session: one of them studies the determination of the usurious nature of the interest agreed on a ‘revolving’ card, and the Chamber resolves that the interest is ‘notably higher’ if the difference between the average market rate and the agreed rate exceeds 6 percentage points.

The second ruling analyzes the determination of the usurious nature of a mortgage loan in which the lender is not a credit institution.

Room notes are included.