As of today, maximum interest rates apply to all types of loans in Costa Rica, as per amendments to the Law of Promotion of Competition and the Effective Defense of the Consumer introduced by Law # 9859 published on June 20, 2020. Charging interest rates above the legal maximum will constitute the crime of usury under the law. Most market interest rates for loans in Costa Rica are below the legal maximum, except in the case of credit cards and unregulated consumer loans.