Regulatory Alerts2026-06-12
CMF Alerts and Reports 13 Unregulated Credit Apps for Extortion and Usury
The Chilean Financial Market Commission (CMF) has filed a criminal complaint against 13 unregulated mobile applications offering loans through extortionate and usurious collection practices. These apps, available on Google Play and various web portals, include titles such as APP MICRO DINERO and APP MONI AMIGO. The regulator urges the public to verify the regulatory status of financial service providers via its Fraud Alert website to ensure consumer protection.
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