Hypervigilant Observer

Following 45 GROWTH/EMERGING Markets: MEXICO, BRASIL,LATIN AMERICA,EASTERN EUROPE, RUSSIA, EUROZONE...from AUSTIN,TEXAS...with Freely Accessible, Reputable...ENGLISH LANGUAGE LINKS: Energy...Currencies...Crime... Tourism...Politics...Economics. HOARDING News Links...Since JUNE 2009...AD FREE.

Search This Blog

Subscribe To

Posts
Atom
Posts
Comments
Atom
Comments

About Me

View my complete profile

Popular Posts

  • URUGUAY: Prez. Mujica Popularity At Record High After 100 Days.
  • ECUADOR: Judge Orders Jail For 3 Media Executives, Columnist...In Correa Libel Case.
  • BRASIL:1ST UPDATE: Ramalho Refuses Job Offer; Menezes Named National Coach.
  • CUBA: Freed Dissident Ferrer Vows To Continue.
  • COLOMBIA: FARC Abducts & Murders Provincial Governor.
  • MEXICO: Narcos "Force Down" Police Helicopter In Michoacan.
  • PUERTO RICO: The Enigma of Tourism.
  • SERBIA / LIBYA : Are Serbian Mercenary Pilots Bombing Protestors In Tripoli?
  • POLAND: New Central Bank Chief Wants Regional Austerity.
  • LITHUANIA: Accused Of Having Secret CIA Prisons.

24 July 2011

BRASIL / CHILE: New Consumer Credit Brings Big Debts...And Big Abuses.

                   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.
Email ThisBlogThis!Share to XShare to FacebookShare to Pinterest
Newer Post Older Post Home