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Goodbye to Credit without Permission: Government Forbids Banks to Extend Their Limit without Customer Request
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In January, the Council of Ministers approved a preliminary bill regulating consumer credit.With this regulation, the Government prohibits financial institutions from issuing credit cards or extending the limit of credit without an express request from the customer.In this way, a credit card was finally received at the consumer's home without having requested it. "All credit granting is prohibited to consumers who have not previously requested a…
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