Spain proposes a new law to cap interest rates and curb abusive practices in consumer credit, addressing issues like revolving credit card debt and exorbitant microcredit rates.
Spain proposes a new law to cap interest rates and curb abusive practices in consumer credit, addressing issues like revolving credit card debt and exorbitant microcredit rates.
Spain plans strict new regulations to limit abusive consumer credit interest rates, following an EU directive targeting predatory lending in revolving credit cards and microloans.
Car loan defaults in the U.S. have reached record highs amid economic concerns worsened by potential government shutdown impacts.
Spain receives a significant €1 billion loan from the European Defense Fund to enhance its defense capabilities.