Peru Raises Dollar Loan Rate Cap Past 100%
From 1 November, lenders in Peru may charge up to 103.14% a year on dollar loans to consumers and small firms, after the central bank raised its usury ceiling. The post Peru Raises Dollar Loan Rate Cap Past 100% appeared first on The Rio Times .
We haven't written up this one. The Rio Times has the full story — the link below goes straight to it.