Nicaragua: Reform on Credit Card LawSome of the initiatives presented include suspending legal action to collect credit card debt and regulating the interest rates charged.Tuesday, June 16, 2009
Economist Alejandro Aráuz asserts that these initiatives would not represent any harm to local banks. Source: laprensa.com.ni ¿Busca soluciones de inteligencia comercial para su empresa?Interest Rates on Credit Cards in Costa RicaDecember 2012 A study by the Economy Ministry reveals significant differences in the interest rates charged by credit card issuers. Guatemala: Credit Card Law to be ModifiedAugust 2009 The Banking Superintendence is working on a Law Project that will seek to limit credit card fares. New rules for credit cards in Costa RicaDecember 2008 Congress is studying the "Credit and Debit Card Market Regulation" proposed law. Guatemala's credit card debt at 2.37 billion quetzalsJune 2008 The Superintendent of Banks in Guatemala reports that credit card debt is growing in the nation despite disturbing economic signals and now stands at 2.367 billion quetzals, or about 315 million dollars.
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