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Micro-credits are very common nowadays as well as fast credits that have many abusive and void clauses. If you keep on paying the credit, it is possible to start a procedure to eliminate those interests. If you stopped paying the credit, you could confront the bank, because of the void and abusive clauses when they start a procedure to recover the funds. In both cases, the consumer will save a lot of money.
The demurrage interest rates are also abusive, which start from the moment the loan isn't being paid. The Civil Court has concluded that such credits that duplicate the average interest rate must be considered as abusive and, therefore, void.
The criteria set by the Supreme Tribunal for concrete cases apply to all consumer credits. Therefore, it affects also the fast credits and micro-credits where the interest rates are extremely high. The credits that don't comply with that limit must be considered as abusive and, therefore, void. As a consequence, the consumer only has to reimburse the money borrowed without any type of additional interest. Furthermore, you could ask for the reimbursement of the additional money that was paid. In our office, we get back money that was illegally charged.