Investment Swiss franc loan(inwestycyjne kredyty frankowe), were popular in Poland. For example, for the purchase of investment funds, from which profits were supposed to repay the mortgage installment. Because of invalid contact, loans can be invalidated. Many Swiss franc borrowers still do not know that by taking out a Swiss franc loan for investment purposes, they may also have the status of a consumer, which is necessary to establish that there are prohibited clauses in the contract, which greatly simplifies the handling of such a case, but that's not all.
Swiss franc loans are financial instruments that have been designed by banks in such a way that it becomes impossible to estimate the amount of future installments, and all the currency risk of the loan is borne by the borrower. In such a case, it is possible to completely question the legal and economic nature of such a loan and invalidate it based on the so-called general premises. Due to favorable judgments of the ECJ and current case law of Polish courts regarding Swiss franc borrowers, there are currently several different premises for canceling such a type of loan.
However, it is worth using the services of an experienced law firm - Rajkowska Law Firm, because the proper selection of arguments is crucial in such cases."
Swiss franc mortgages were very popular in Poland before the Swiss National Bank decided to abandon the exchange rate cap with the euro in 2015. This led to a significant increase in the value of the Swiss franc and an increase in the monthly installments of Swiss franc borrowers. Many borrowers found themselves in a difficult financial situation, unable to repay their loans. As a result, there have been numerous legal battles in Poland over the validity of Swiss franc.
