What documents can you request from the bank?
There are many and very diverse reasons why you may have a revolving credit card. But if you already have one of these cards and you have realized the important disadvantages of using them, despite those "great advantages" with which the credit card was sold to you, it is very important that you know What information can you request if you have a revolving card, to be up to date, for example, with the history of the credit line contracted through that card or how much you have left to pay.
If in the post "The information that companies that sell revolving cards must offer to customers” We told you about what aspects you should be informed about before contracting one of these cards, on this occasion, we are going to give you information about, once you already have a revolving card and have used it, What information should the issuing bank of the revolving credit offer you, so that you know your rights and, if you are thinking of claiming your revolving card, know what documentation you can request and they are obliged to deliver it to you.
Information that you can request for free from the bank about your revolving card
As long as the contract you signed is still in force, you have the right to ask the credit card institution for this information:
Revolving Credit Card Amortization Table
This document, as we explained in our help center article “What documents are necessary to claim a revolving?”, is very important when making a revolving claim. And it is nothing more than the report where the movements made with that card appear.
A history of the line of credit contracted with the revolving card
According to website of the Bank of SpainIt is a document that allows you to know "a detail of the amounts paid and the outstanding debt with a breakdown of principal, accrued interest and commissions with dates, amounts and concepts".
The settlement document
A document with information on the estimated date of completion of payment or the total amount to be paid for this credit, both principal and interest (if you do not proceed to make withdrawals or modifications of the contracted revolving card fee).
This settlement document, as explained by the Bank of Spain, must also contain information, if the repayment quota is less than 25% of the credit limit, of “the possible savings scenarios, that is, simulating the amount of the installments that you would have to pay if the amortization installment were increased by 20%, 50% and 100% together with the total amount that you would end up paying and the date in which you would finish doing it”.
This report should contain information that should have already been provided to you. But, yes, at reclamador.es we are aware that not all the information is always offered to the client about these credits, so it is very important that you know that you can ask the bank for said document.
Do you want to claim your revolving card from the bank?
At reclamador.es we help you. We are experts in bank claims, we have a large team of lawyers who will study all your card documentation and advise you on the protection of your rights against this type of credit.
Do not hesitate, if you want to put an end to the debt on your card, go to our website and complete our simple form. Our process is 100% online and we have already helped many people get rid of their revolving card debt. In addition, you do not have to advance any amount to start your revolving claim.