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Up to 15 years in prison for loansharking in Costa Rica

QCOSTARICA   Legislators on Tuesday approved in the second and final debate the bill that sanctions the practice of "gota-a-gota" loans (loansharking) with up to 15 years in prison. Gota-a-gota loans are informal loans provided outside of the traditional financial system, where the terms and interest rates can be adjusted at the discretion of the…

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