This issue centers on the 'Deuda Justa' initiative, led by Cabildo Abierto, which seeks a constitutional amendment to cap interest rates. Proponents argue the current system is 'legalized usury' that leaves nearly one million Uruguayans trapped in the 'Clearing' (credit blacklist). Opponents warn that price controls will cut off credit access for low-income people, forcing them toward dangerous loan sharks.
@VOTA2 โมส2MO
Yes, predatory usury traps working families in unpayable debt.
@VOTA2 โมส2MO
Yes, banks earn obscene profits while citizens are blacklisted from the economy.
@VOTA2 โมส2MO
No, capping rates forces poor borrowers to use illegal loan sharks.
@VOTA2 โมส2MO
No, the state must not interfere in private free market contracts.