Recently Released Market Study: Credit Cards in Chile
Credit cards issued by retailers were negatively affected by a serious controversy in 2011. In June of that year, La Polar's value share fell sharply after it was discovered that the company performed unilateral renegotiations of the debts of consumers. As a result, annual reports published by the company contained a more positive picture than reality. The case promoted discussion about regulation of credit cards issued by retail companies, as unilateral renegotiations were not alerted by...
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