US EditionUsury Rate Will Decrease for June for Consumer Credits and Three Other Categories
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The current bank interest on consumer and ordinary loans also showed a decrease. Photo: Colombian Financial Superintendence The rate of usury that will govern in June for consumer and ordinary loans will be 25.55 %, which means that 42 basis points (pb) will be located below that which was in force in May (25.97 %). Source: SuperFinancial. This after the Financial Superintendence certified the current bank interest of loans in this modality at 1…
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