The referral to the United Sections of the Italian Supreme Court of so-called "French amortisation”

• Friday 13 October 2023
• Ammortamento alla francese, Contratti bancari, Corte di Cassazione, Mutuo, Sezioni Unite, TAN
• Italia

Introduction There may be news in the lending industry, specifically on the French amortization method, the most common criterion used by banks to calculate repayment plans from mortgages. In this method, each periodic installment consists of a portion of interest on the outstanding ...