Novations and transactions on usurious interest rates. Again against a wrong trend

Main Article Content

ANGEL FRANCISCO CARRASCO PERERA

Abstract

The Wizink jurisprudence of Courts and Hearings has been upholding - not always, it is true - the following doctrine. Once the contract is void due to usury, the nullity extends to the entire contract, including the new non-usurious interest rates that have been agreed after a novation / transaction between the parties, so that the accrediting entity will have to restore all the interests received, even those after the novation that were not intrinsically usurious, when the borrower demands the nullity of art. 3 of the Usury Law. This work contains a critique of this doctrine.

Article Details

How to Cite
CARRASCO PERERA, A. F. (2021). Novations and transactions on usurious interest rates. Again against a wrong trend. Revista CESCO De Derecho De Consumo, (40), 54–64. https://doi.org/10.18239/RCDC_2021.40.2898
Section
ESTUDIOS, CONSULTAS, NOVEDADES NORMATIVAS Y JURISPRUDENCIA
Author Biography

ANGEL FRANCISCO CARRASCO PERERA, Universidad de Castilla-La Mancha

Catedrático de Derecho Civil

Director del Centro de Estudios de Consumo

References

CARRASCO PERERA, A., «Validez de las novaciones transaccionales de préstamos hipotecarios con cláusula suelo. Una buena sentencia de casación», Centro de Estudios de Consumo, abril, 2018, http://centrodeestudiosdeconsumo.com/images/Validez_de_las_novaciones_transaccionales_de_prestamos_hipotecarios_con_clausula_suelo.pdf

CARRASCO PERERA, A., «Transacción sobre cláusula suelo», Centro de Estudios de Consumo, diciembre, 2020, http://centrodeestudiosdeconsumo.com/images/Transaccion_sobre_clausula_suelo.pdf

CARRASCO PERERA, A., «Sentencia europea intransparente sobre una transacción transparente de una cláusula suelo supuestamente intransparente. La “jerga” de la STJUE 9 julio 2020», Centro de Estudios de Consumo, , 2020, http://centrodeestudiosdeconsumo.com/images/Sentencia_europea_intransparente_sobre_una_transaccion_transparente_de_una_clausula_suelo_supuestamente_intransparente.pdf