“Mr Argarkov’s version of the contract contained a 0pc interest rate, no fees and no credit limit. Every time the bank failed to comply with the rules, he would fine them 3m rubles (£58,716). If Tinkoff tried to cancel the contract, it would have to pay him 6m rubles. Tinkoff apparently failed to read the amendments, signed the contract and sent Mr Argakov a credit card. Earlier this week a Russian judge ruled in Mr Argakov’s favour. Tinkoff had signed the contract and was legally bound to it. Mr Argakov was only ordered to pay an outstanding balance of 19,000 rubles (£371).”
(Visited 61 times, 1 visits today)
Related posts:
Scotland - In Or Out Of The UK?
Norway’s $810B Sovereign Wealth Fund Shuns Stocks on Reversal Bet
Al-Qaeda Backers Found With U.S. Contracts in Afghanistan
Chinese airline passengers face worst travel delays
Is this one of the world's most expensive suits, at HK$1 million?
Ukraine crisis could halt Europe’s recovery, ECB warns
David Stockman: Banks Too big to Fail, Another Bubble
Mexican pot farmers give up, switch to supplying heroin to pill addicts
Nursing home staff allegedly abused elderly Alzheimer’s patients
Honduras court bans private cities project
U.S. seeking $6 billion from JPMorgan to settle mortgage claims
Snapple Guy's Overnight Success Took Decades
Canada’s Harper gives up on Russia assisting Syrian rebels, labels G8 summit ‘G-7 plus 1’
'Over 130 children die each day' in US-backed blockade of Yemen
Family thrown to ground, threatened with gun and taser for expired plates