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When the amount of the lend becomes higher than the value of the debt meaning actual estate, customers are asked to obtaining additional insurance, unusually when rising value of the Swiss franc causes the LTV (accommodation to value needle) go beyond the accepted 70-80 percent of credit revolving.

The imbroglio concerns equity line of credit loans nigh 110,000 people, estimates Nursing home Agent, most of all those who took effectively loans in the Swiss franc already 2009 – that is, during the protection flourish of 2008 – and their loans covered more than 80 percent of the value of the i have bad credit.

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