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Is life coverage mandatory when you take out a mortgage loan? Bank of Spain Responds – CSN News

In order to secure a mortgage, banks often ask their customers to purchase a life-insurance policy. This ensures that, in the case of a serious accident, the borrower will be able to repay the loan or, in the unfortunate event of the borrower’s death, that his heirs are not liable to pay any debts incurred by the mortgage. Is it …

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Cyber experts warn of new wave of 'sextortion' emails spreading across Spain – CSN News

The Spanish OSI Internet Security organisation has warned the public about a new email wave of “sextortion” that asks recipients to pay an amount of Bitcoin currency in order to prevent the leakage of sexual content, which is alleged to involve the victim. The blackmail contains threatening phrases, such as: “You still owe a payment.” You have to pay off …

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CSN News: Holidaymaker recovers 4,000 Euros stolen after credit card theft in Spain, despite initial refusal by the bank

ING has refunded a customer the 3,990 Euros that was stolen from their credit card due to the intervention by the Spanish consumer’s organisation Facua. The incident took place in August 2023 while the woman, along with her husband, was on vacation in Burgos. The purse containing her phone, keys and wallet was stolen in the cafeteria of the hotel …

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