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Costa Rica Credit Card Debt Grows 23%

The number of cards in circulation in the country grew by 9% between July 2016 and July this year, and the balance of debt increased by 23% in the same period. That is the result of the latest quarterly study on credit and debit cards,...

Costa Rica’s Plastic Money Market

QCOSTARICA - Almost three fourths (72%) of the credit cards circulating in the country have interest rates from between 40% and 50%, while the default interest varies from 24% to 65%. The results are from a stud by the Ministry of Economy, Industry and Trade...