The defendant, a bank, advertised a loan product by television advertisements and show-window posters indicating that the loan would be paid within 8 working days. Additional information (including the calculation of the 8 working days, maximum amount of loan, etc.), was not given. The defendant only referred to a telephone number and a website for more detailed information.
According to the terms and conditions, the defendant undertook to pay the loan within 8 working days as from the date of evaluation of the real property at site, provided that the amount of the loan did not exceed HUF 5,000,000. The loan was paid by "blocked transfer", i.e. the loan could only be accessed after the property insurance relating to the real property encumbered by mortgage was assigned to the defendant.