Regulatory Alerts2015-06-17 | JB-2015-3490Banking Board Resolution JB-2015-3490
The Banking Board of Ecuador issued Resolution JB-2015-3490 to reject a review appeal filed by Fabiola María Salas Mancero regarding a disputed credit card debt. The Board confirmed that Pacificard S.A. followed correct procedures, citing account statements and payment history as evidence that the claimant used the card and failed to pay, thereby incurring default. Consequently, the administrative act closing the initial complaint was upheld, leaving the debt and the claimant's negative status in the Risk Central registry intact.
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