mexicodailypost.com
Mexican non-bank lender Credito Real is preparing to file for bankruptcy in the US - MExico Daily Post
Mexican Lender Is Battered by Missing Money, Hidden Losses Crédito Real, a fast-growing shadow bank, is set to declare bankruptcy as funding dries up. Crédito Real built a booming business lending at high-interest rates to Mexican teachers and other government workers. The loans were paid back through payroll deduction, reducing the risk of nonpayment. Now […]
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