Union for the Homeland Presented a Project to Control the over-Indebtedness and Regulate the Interest Rates of Virtual Wallets
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The national deputy Victoria Tolosa Paz announced this Sunday that from the Union for the Homeland block presented a bill to control the over-indebtedness and regulate the interest rates of virtual wallets in cases where they are used for the collection of social benefits. Through their networks, the legislator explained that the initiative seeks to regulate from the government “the amount of the debt, the time and the rate, three key conditions…
Initiatives range from caps to credit costs to mechanisms for renegotiating obligations and increased controls on virtual wallets.
This was announced by Tolosa Paz, who anticipated that the initiative envisages that the government intervenes to "not allow the over-indebtedness of mothers"
National deputy Victoria Tolosa Paz announced the presentation of a bill to regulate the loans offered by virtual wallets to beneficiaries of social benefits. The initiative aims to establish limits on interest rates, amounts and deadlines to avoid situations of over-indebtedness. The proposal was promoted by the Union for the Homeland block in view of the growth of micro-credits used to cover daily expenses, including the purchase of food. Acco…
The national deputy Victoria Tolosa Paz announced this Sunday that from the Union for the Homeland block presented a bill to control the over-indebtedness and regulate the interest rates of virtual wallets in cases where they are used for the collection of social benefits. Through their networks, the legislator explained that the initiative seeks to regulate from the government "the amount of the debt, the time and the rate, three key conditions…
The National Representative of Union for the Homeland, Victoria Tolosa Paz, announced the presentation of a bill aimed at regulating the over-indebtedness and interest rates of virtual wallets when used by people receiving social benefits. The initiative seeks to establish a specific framework for credit operations related to this sector and aims to establish conditions on the amount of debts, repayment periods and interest rates. According to t…
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