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Brazil central bank to let consumers block bank credit offers from 2027
Original: bcb
Brazil's central bank has announced that from 2027 consumers will be able to block unsolicited credit offers from banks, according to Campo Grande News. The measure would give account holders control over whether lenders can send them pre-approved loan and credit proposals, a change aimed at reducing aggressive marketing of credit products. Details on how the opt-out mechanism will work have not yet been fully spelled out.
Why now: A new consumer-protection rule from the central bank affecting how banks market credit is fresh regulatory news.
Central Bank of BrazilCampo Grande News
Evidence
- BC permite bloquear ofertas de crédito de bancos a partir de 2027 · Campo Grande News
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