The Chile Financial Market Commission issued a public warning about predatory loan offers being promoted through mobile applications that are not supervised by the CMF, and lodged a criminal complaint with the Public Prosecutor's Office against those responsible for the apps identified. The alert refers to five applications available via Google Play and other websites, including DALE CRÉDITO - PRÉSTAMO VELOZ and SR LUMINALOAN. The CMF also directed the public to its Fraud Alerts Page, where investors, policyholders and banking customers can check whether a person or entity offering financial products or services is CMF-supervised and view alerts from the CMF and foreign regulators on unregulated entities or activities.
Chile Financial Market Commission 2025-11-11
Chile Financial Market Commission warns of unregulated predatory loan apps and files criminal complaint
The Chile Financial Market Commission issued a public warning about predatory loan offers promoted through unsupervised mobile applications and filed a criminal complaint against those responsible. The alert identifies five apps, including DALE CRÉDITO - PRÉSTAMO VELOZ and SR LUMINALOAN, and directs the public to the CMF's Fraud Alerts Page for verification of CMF supervision and alerts on unregulated entities.