Credit cards and debit cards have been around one million and amounts payable to a resident of Costa Rica through them represent 2.6% of Gross Domestic Product (GDP), or the close of ¢ 486 billion colons, as stated by Dr. Jorge Enrique Romero Perez, Professor Humboldt 2010, he held talks on this matter, on November 8, in the courtroom of the Faculty of Law.
Romero, who also Rodrigo Fabio Award 2010, an analysis of the New Rules of debit and credit cards are accepted in the country since March 30 this year, mandated by the Ministry of Economy, Trade and Industry and share some of the developments that are provided.
Novelty is that regulates credit cards and debit cards, which do not occur with the old regulations, which only applied to credit cards.
He also stated that customer information should be as complete, accurate, fast, reliable, timely, simple, clear and direct. In case of doubt, Article 4 states that interpreted in support of the weaker party in contract electronic card is the card holder.
Abuse or harassment of collectors for card payments are not allowed in the new document and only charge you for it in the contract the debtor is considered (according to Article 35).
Speaker said that because of high delinquency in the country, the publishers are becoming stricter in limiting the use of the card in cases where arrears exist.
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[...] next year the minimum amount to be paid on credit cards will increase gradually, with the aim of reducing the time that a user can pay off your debt and [...]