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Spaniards stage protest facing mortgages with abusive ground clauses

5 years ago5 views

presstv

PressTV

Over a hundred families from all over Spain have held a protest rally on Friday morning outside the main office of Caixabank in Madrid, an entity with which they hold a mortgage with a hidden ground clause of a 3.95 minimum interest, that makes them pay much more than other clients from other banks. Right now the Euribor interest rate is only at an 0.54%.

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