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Mercado Libre’s Founder Faces a Criminal Usury Complaint Over Loans Costing Up to 1,375% a Year

Rio Times

BusinessRio Times·Aug 19, 2026·1 min read

Mercado Libre’s Founder Faces a Criminal Usury Complaint Over Loans Costing Up to 1,375% a Year

The headline figure is the total cost of credit, not the interest rate. It sits on the company's own public rate sheet. The post Mercado Libre’s Founder Faces a Criminal Usury Complaint Over Loans Costing Up to 1,375% a Year appeared first…

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