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Colombia Superfinanciera cuts usury rate for November

Colombia's financial regulator reduced the maximum allowable consumer lending rate (usury rate) for November, lowering the cap on interest charges. This eases borrowing costs for consumers and may pressure financial sector margins. The exact new rate is not specified in the item.

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El Espectador2 days agoCOCredibility 22%View source

Score Breakdown

Mosaic Score2.0
Model confidence0.5
Significance0.1
Source credibility0.2
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