Ombudsman Takes Proactive Initiative to Strengthen Consumer Protection in Microcredit Sector
The Ombudsman, Angel Gabilondohas taken a proactive initiative involving the Bank of Spain and the Secretary of State for Economy and Business Support. This step focuses on evaluating and strengthening consumer protection in the field of microcredit. Context of microcredits Microcredits, also known as quick loans, are mainly aimed at consumers in precarious or desperate … Read more