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The Superintendence of Industry and Commerce yesterday sanctioned 65 companies carrying out credit operations, different from the banking sector, due to irregularities in financing regulations and for not respecting the limit of the Wear rate established between 2015 – 2016 The fine amounts to 4,866 million pesos [19659002] 2,680 million pesos correspond to penalties for excessive costs under financial loans and 2,186 million pesos millions of pesos for recovery of advances, advertising and information. misleading, pay no attention to the right of withdrawal and unfair and prohibited clauses.
Director of the National Network for Consumer Protection of the Superindustry, Daniel Orozco reported that since 2015 the consumer houses of the country They have received various complaints from consumers or users, as well as some local control authorities on this type of problem.
Therefore, the entity has launched a series of monitoring, inspection and control operations in Bogota, Pereira, Armenia, Barranquilla, Ibague, Monteria, Neiva, Villavicencio and Popayán so to protect the pockets of consumers and
In this sense, the Super Industry has indicated, through a press release, that after exhausting the respective sanction procedure, to date, the entity has issued 65 sanctions against different cooperatives, corporations and individuals. who belong to the finance sector, for breaking the rules of consumer protection.
Among the companies that have the highest fines are: Advances Express, located in Bogota (1.288 million pesos); Credivalores – Crediservicios and Crediprogreso, with participation to Barranquilla, Ibagué, Montería, Neiva and Villavicencio (with 507 million pesos); Distribuidora Rayco, with a presence in Neiva, Pereira and Villavicencio (234 million pesos); Iván Botero Gómez, located in Pereira, Ibagué, Neiva and Villavicencio (206 million pesos); and IBG Global, Armenia (179 million pesos).
"These are the typical cases of companies that provide discounted loans, direct loans, or who sell rooms and appliances and finance this sale without a financial entity. ", Conclu Orozco.
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