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Online credits charge 46 times more than a card

These operators, some domiciled outside of Spain, charge APR rates of 3,500% for one month for quick credits.

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Online credits charge 46 times more than a card

These operators, some domiciled outside of Spain, charge APR rates of 3,500% for one month for quick credits.

The courts have described some revolving cards as usurious for slightly exceeding 20% ​​APR. However, this type of credit is by no means the most expensive in Spain. Credit activity does not require a license or supervision.

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