27 Aug 2013 4:35 PM:
Hi,
I have a mortgage with Banco Popular. When I took out the mortgage I was not told about the 'collar'. We currently pay 4%. We only found out about it when we enquired why our interest rate was not dropping - that was when were told we had a minimum interest rate on our mortgage.
Has anyone heard if Banco Popular are planning to follow the Court ruling and cancel the collar?
Thanks
Thread:
COLLAR ON MORTGAGE VOID
--------------------------------------