Costa Ricans Resort to Loans for Basic Necessities
A study by CINPE reveals that 25% of Costa Ricans request loans to cover basic needs like food and services, reflecting economic desperation.
Source: ticotimes.net
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181,000 Costa Ricans victims of received threats from "loan sharks", survey reveals
QCOSTARICA -- The National Debt Survey (Encuesta Nacional de Endeudamiento) concludes that some 221,000 Costa Ricans have resorted to informal means of borrowing, obtaining quick and easy loans from loan sharks ("gota a gota lenders" in Spanish), that is not regulated, charges high interest, which can double and triple or more and typically comes with…
Source: qcostarica.com
Aguinaldo just around the corner: 10 ways to get the most out of your bonus
QCOSTARICA -- With Christmas just around the corner, salaried workers will receive more than ¢1 billion colones in Aguinaldo or year-end bonuses. The extra money, which basically for simplicity's sake is equal to one month's salary, for many represents extra money that can mean an opportunity to start a life with financial freedom, but it…
Source: qcostarica.com
Getting Into Debt Is Not a Sin if You Follow These 10 Useful Tips
MEIC's Household Financial Survey identifies results that coincide with the OCF debt survey, regarding the financial habits of citizens
Source: thecostaricanews.com
When You Think You Know Everything About The Sinpe Mobile Payment Tool
The digital tool has undoubtedly been very beneficial for Costa Ricans, but since not everything is rosy, if there is an error on your part when making a transaction, you run two risks...
Source: thecostaricanews.com