Polish Banks Suffer Another EU Court Loss on Swiss Franc Loans.

Polish banks have suffered another defeat at the European Union's top court over unfair terms in foreign-currency loans. The court ruled that borrowers should not have to go through excessive paperwork to reclaim money they wrongly paid, and that lenders cannot charge them extra interest or fees. This decision is part of a long-running legal battle that has led to over 140,000 lawsuits in Polish courts. The ruling may shorten the time banks have to claim back their capital on unfair loans and may encourage more borrowers to take their lenders to court. [Extracted from the article]