September 2008: Charles Egly (co-founder of Younited Credit) makes an appointment at his bank branch to take out a consumer loan of € 6,000 in order to pay his taxes. While he has been working for 7 years in the banking sector and thinks he understands this product, he realizes a few months later that the rate of his credit is 14%, and that he has unwittingly taken out a revolving credit .
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