Financial entities announce plan to combat "loan sharking" in Costa Rica
QCOSTARICA -- Eight financial entities in Costa Rica announced Tuesday a plan to combat loansharking or extortionate (in Spanish "gota a gota") lending. The plan also includes an education campaign to alert and raise awareness about the risks associated with high-interest informal lending, where interest rates are much higher than those of the formal system…
Source: qcostarica.com
