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Jan 7 • 13:06 UTC • 🇪🇸 Spain • El Mundo

The Government puts a cap on consumer credit: 15% maximum interest, authorization from the Bank of Spain, and advertising control

The Spanish government has approved a draft law to limit consumer credit interest rates to a maximum of 15% amid rising inflation and increased borrowing by families.

#consumer credit #spain #government #inflation #bank of spain
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