Mercado Pago Faces a Demand to Collect Interest of More than 1300% per Year
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The virtual wallet Mercado Pago was denounced for the alleged collection of abusive interests, which exceed 1300% per year. An eventual favorable ruling could benefit some 7 million people in Argentina. The file, promoted by the lawyer Diego Espasandín, founder of the Association of Financial Consumers of the Argentine Republic (ACFRA), processes [...]
A lawsuit filed before the Court questions the interest applied by Mercado Pago in its credit lines and claims to review collections of the last three years. The Association of Financial Consumers of the Argentine Republic maintains that some rates exceeded 1300% per year and seeks that a possible judgment has collective reach. The case file [...]
The complaint was initiated from two women victims and expect the final verdict to benefit another seven million customers of Mercado Pago. The aim is to "return those amounts that were wrongly collected"
chacodiapordia.com
A possible favorable ruling could benefit 7 million people in the country. The platform Mercado Pago was denounced for the alleged collection of abusive interests, which exceed 1300% per year, and a possible favorable ruling could benefit some 7 million people in Argentina. The file, promoted by the lawyer Diego Espasandín, founder of the Association of Financial Consumers of the Argentine Republic (ACFRA), processes in Court No. 24 of the City …
Justice investigates alleged abusive collection of funds and a favorable sentence would benefit 7 million users
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