Debts

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Jonathan Malagón, president of Asobancaria, denounced in an interview with Semana magazine the existence of a supposed insolvency cartel in Colombia. The announcement contrasts with the case of Jaime Alberto Ramírez Álvarez and his wife, who took their lives after handing over their home to pay bank debts.

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Emcali in Cali has implemented changes to its payment agreements, making them more flexible for users with public service debts. The measures include full elimination of late fees and reduced interest rates for lower strata. The goal is to ease economic burdens and ensure service continuity.

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