Credit crunch times can play in favour of consumers.... why not?

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28 Aug 2008 12:00 AM by mariadecastro Star rating in Algeciras (Cadiz). 9402 posts Send private message

mariadecastro´s avatar
The National Institute for Consum , part of the  National Department of Health and Consum, states in its recommended contract model  for off plan purchases:

The buyer can opt for the cancellation of the contract, once he knows of the  non approval of the financing  by the Bank, being entitled to the refund of all the amounts paid. 

Credit crunch times can play in favour of consumers.... why not?  




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Maria L. de Castro, JD, MA

Lawyer

Director www.costaluzlawyers.es

El blog de Maria



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