Usury rate
Colombia's Superintendencia Financiera announced the May usury rate at 28.17%, up 1.41 percentage points from April. This rate caps credit card interest. Banco Unión and Coltefinanciera have the rates closest to the limit.
Colombia's Superintendencia Financiera announced the May usury rate at 28.17%, up 1.41 percentage points from April. This rate caps credit card interest. Banco Unión and Coltefinanciera have the rates closest to the limit.