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Law No. 20,715: On Protection to Debtors of Money Loans

by Felipe Moro
Carey - Santiago Office

Diego Peralta
Carey - Santiago Office

Francisco Ugarte
Carey - Santiago Office

August 15, 2014

On December 13, Law No. 20,715 was published in the Official Gazette, after an intense debate in the financial industry and over 2 years of discussion in Parliament. The new law modifies Law No. 18,010 on regulations on money loan transactions, Law No. 19,496 on protection of consumer rights and the Chilean Tax Code.


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