Homeowners broke down in tears of relief after a Granada town cancelled all its accounts with CajaGranada in a bid to halt impending evictions.
Peligros cancelled its accounts with the bank following a campaign by the IU and Peligros Democratic Alternative parties to curb the rising number of evictions in the area.
The town hall is bogged down by its own economic struggles and has been unable to do much to help its citizens facing eviction.
But frustrations with the bank came to a head after the CajaGranada refused to negotiate with homeowners.
The town hall insisted it had expected ‘collaboration and understanding’ from banks toward families who are suffering but encountered nothing of the sort and has now cut all ties.
The town’s 11,000 inhabitants are grateful for the intervention.
For many, it means more time to make ends meet and less time on the streets.
Article source: The Olive Press