Published On: Mon, Apr 8th, 2013

Rosaria: increased efforts to monitor lenders

Alex RosariaWILLEMSTAD –  “Lenders are increasingly active on the Curaçao lending market. At the same time the debt problems becomes a monster for thousands of people and families,” according to Alex Rosaria, leader of PAIS.

Rosaria calls for more rules in a letter to the Central Bank. He wants more transparency on loans, commercials for loans and credit worthiness of people. What concerns the party leader also is the fact that there are more and more so-called "loan sharks" who have no such license to provide credit at usurious interest to people who cannot repay. The Central Bank and the Public Ministry should be more active in investigating these exploiters. They should be punished according to Rosaria.

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