After AK Lawsuit: Santander Refunds Credit Fees

Contract clauses deemed inadmissible by the Supreme Court concern one-time fees for credit processing, account management costs, a fee of 12 euros for failed direct debits, costs for additional services according to the price list, as well as clauses on default interest.

AK: Other banks should follow Santander's example in refunding credit fees

"We hope that other banks will follow Santander's example," writes AK expert Gabriele Zgubic in the release. All consumer credit contracts concluded between 2015 and autumn 2023 - and in some cases before and after - are affected. The application form is available here, and the bank has also set up a hotline at 05 0203 2650.

(APA/Red)

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