São Paulo court rules that interest rates charged by banks cannot be higher than the market average
This is a topic that always comes up again in times of high SELIC rates. In this scenario, it is common for financial institutions to be challenged in court for an alleged abuse in charging interest. Recently, the São Paulo Court of Justice, through the 20th Chamber of Private Law, consolidated its understanding that banks […]
The abusiveness of interest on loans
A abusividade dos juros cobrados por instituições bancárias para concessão de empréstimos tem sido tema de recorrente discussão nos tribunais brasileiros.