NYT/ A. Barrionuevo...2 screen read combined
In Brasil, credit card companies can legally charge astronomical interest rates of...220%.
In Chile, the consumer goods company La Polar quietly...and unilaterally...renegotiated clients’ debts for more than six years.
The result of credit for new consumers in the two nations has been booming growth...along with surging abuses and financial distress.
Popular Posts
- RUSSIA : Putin's Police Make Preemptive Strike On Leading Protest Opponents.
- BOLIVIA: Morales Continues Verbal Assault On USA's "Meddling"; USAID Expulsion Threatened.
- CZECH REPUBLIC: Poll Shows Czechs Finicky About Tolerance.
- MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
- UKRAINE / EU : Kyiv Cancels Yalta Summit...After 13 Leaders Bail; Yulia Ends Hunger Strike, Accepts Medical Treatment.
- ARGENTINA : Ex-President De La Rua Tried For Corruption.
- BRASIL: CBank Lowers SELIC 8th Time...To Historic 8%.
- URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
- USA / PANAMA / MIDEAST : Oil Tanker Hits Destroyer In Straits Of Hormuz...Leaving Huge Gash.
- SLOVENIA : 100,000 Public Workers Strike Over Wage Cuts; PM Jansa Under Pressure.
