Abusive interest cards
Abusive interest cards: how can I get my money back ?
December 01, 2020
By TeichForum
The abusive interest cards are being a real headache for many people. Probably many of you who are reading this article are being victims of a revolving card , but you still don't know it.

These abusive cards have very high interests that are calculated based on the balance that each user uses monthly. This means that the less we use the revolving credit card , the less these abusive card interest will affect us.

Financial entities demand a minimum monthly consumption from their clients to ensure that they pay a significant amount of interest per month. Furthermore, if this minimum is not reached, the user will have to pay a penalty commission .

Getting rid of abusive interest revolving cards can be tricky.

But do not worry! At TeichForum we tell you everything you need to know so you can get your money back .

What is a revolving card

For those of you who are not sure if you have a revolving credit card or not, we will begin by explaining what a revolving card is .

Revolving cards are credit cards that lend money to their users . This credit has some interests that customers will have to pay as they use that money .

Revolving credit cards and traditional credit cards are different, since the way you calculate your interest is not the same. Normally, the abusive interest revolving cards are extremely high , exceeding even 20% . This turns them into abusive cards , since abusive interest on cards makes customers end up having great difficulties in paying their debt and, consequently, they are included in a delinquent file .

abusive interest cards

Judgment cards revolving

If you are being a victim of these abusive card interests , don't worry! The Supreme Court , in the revolving cards ruling , declared, on March 4, 2020, that all cards that had interest of more than 20% are considered usury . Thus, contracts or loans that contain these disproportionate abusive interests are considered void . The Usury Law also examines why the client accepts this type of contract . On many occasions, this is due to the lack of transparency on the part of the banking entities .

To this day, there are still people who do not know that they have a revolving credit card . In fact, there are those who are even paying 27% interest .

If you are one of them, claim your money ! The revolving card attorneys at TeichForum have extensive experience in how to claim revolving cards and will help and advise you throughout the process .

One of our lawyers will tell you how to proceed with revolving card claims without obligation . The consultation is free! Fees to success.

List of revolving cards

The most important thing is that you identify whether or not you have a revolving credit card . To do this, we show you which are the most common revolving cards in Spain .


WiZink is one of the banks that has benefited the most from abusive card interest rates . In fact, according to the Bank of Spain , in 2019 it earned 100 million euros more than Bankia at the expense of revolving credit cards .

There are already many customers who are claiming abusive WiZink cards . In a wizink ruling , the head judge of the Court of First Instance No. 4 of Ibiza has forced WiZink to pay more than 10,000 euros for usury to a client who was being the victim of a revolving credit card of the entity.


Cetelem is an entity that grants loans through the Internet and the number of clients of Cetelem is 2.5 individuals, with more than 400,000 active credit cards in Spain .

In one of the cetelem judgments , the head of the Court of First Instance No. 15 of Valladolid condemned this bank to return to a citizen an amount of 17,040.64 euros for the abusive interest on cards that it had been paying for 17 years. The interest on his revolving credit card was 23.46% .

VIVUS judgment

Vivus is a company that is dedicated to offering online loans and fast loans , with a maximum amount of 300 euros for new clients and 1,000 euros for more veteran clients . This amount has a return period of 30 days, extendable . Vivus allows you to pay in installments and these deferrals have abusive interests . This is where people start to suffer from credit revolving .

However, in one of the sentences against Vivus , the entity was sentenced by the Court of First Instance No. 64 of Madrid to return 4,009.53 euros to a client on December 6, 2019; because of the abusive interest cards that had been applied to him.

abusive interest cards

Get your money back thanks to TeichForum revolving card lawyers

If after reading this article you are sure that you are a victim of abusive card interest, do not hesitate to contact the revolving card lawyers of TeichForum . They will help you throughout the process so that you can get ALL your money back !

Call 301-740-0589 or fill out this form and we will get in touch with you.

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