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Pension Insight: PenCom issues consumer protection framework (part 1)

Pension Insight: PenCom issues consumer protection framework (part 1)
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181,000 Costa Ricans victims of received threats from "loan sharks", survey reveals

QCOSTARICA The National Debt Survey (Encuesta Nacional de Endeudamiento) concludes that some 221,000 Costa Ricans have resorted to informal means of borrowing, obtaining quick and easy loans from loan sharks ("gota a gota lenders" in Spanish), that is not regulated, charges high interest, which can double and triple or more and typically comes with… ....

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