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Our Sessions Get Informed
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Educational Program · Paraguay

Know Your Rights as a Financial Consumer

If a bank, finance company, or credit house ever charged you more than agreed, changed your conditions, or treated you poorly — and you didn't know where to turn — this educational program is for you. Three sessions to understand what the law says and what you can do about it.

This is an educational program. We do not file complaints on anyone's behalf or provide legal representation.

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Consumer Law

What Law No. 1334/98 says about financial services

BCP & SEDECO

How to use Paraguay's official consumer protection bodies

Your Documents

Which records to keep and why they matter

When Something Feels Wrong With Your Financial Service

Many people in Paraguay have experienced situations where a financial institution charged unexpected fees, modified loan terms without clear notice, or made it difficult to access basic information about their own accounts.

The frustrating part is not just the situation itself — it's not knowing whether what happened was legal, who to contact, or how the complaint process works.

This program exists to close that information gap. Understanding the regulatory framework is the first step toward making informed decisions as a financial consumer.

Why We Do This
Person reviewing bank statements with concern

Four Core Knowledge Areas

Each session builds on the previous one, giving you a complete picture of your rights and the tools available to you.

Consumer Protection Law

Understand what Law No. 1334/98 establishes for financial services — what financial institutions are required to disclose, what practices are prohibited, and what protections apply to you as a consumer.

What Financial Entities Can and Cannot Do

Learn the specific limits on what banks, financieras, and credit houses can do — from changing interest rates to reporting to credit bureaus — and what actions fall outside their legal authority.

Filing a Complaint with the BCP

Step-by-step explanation of how the Banco Central del Paraguay handles consumer complaints against supervised financial entities, what information is needed, and what to expect from the process.

SEDECO and How to Use It

Discover the role of the Secretaría de Defensa del Consumidor e Investigación de Mercado, what types of cases they handle, and how to approach them with a consumer complaint about financial services.

Documents to Always Keep

Practical guidance on which documents to preserve — contracts, receipts, account statements, correspondence — and how organizing your records strengthens your position if a dispute arises.

Questions and Practical Examples

Real-world scenarios drawn from common situations in Paraguay's financial system. Each session includes time for questions so participants leave with clarity on their specific concerns.

Three Sessions, One Complete Picture

The program is structured as a progressive learning journey — each session builds on the one before it.

01

The Legal Framework

What the Consumer Protection Law says about financial services. What a financial entity is legally required to inform you about before you sign anything. What constitutes abusive conduct under Paraguayan law.

02

Regulatory Bodies and Complaints

How the BCP supervises financial entities and what happens when you submit a complaint. The SEDECO process for consumer disputes. What each institution handles and which one is appropriate for your situation.

03

Documentation and Practical Tools

Which documents to keep from the moment you open any financial product. How to organize your records. What information strengthens a complaint and what tends to be insufficient. Practical exercises and Q&A.

Full Session Details
Group attending financial rights education session

Education, Not Representation

This program was designed for people who want to understand their rights — not for people looking for someone to act on their behalf. We explain the regulatory landscape clearly and in accessible language.

We do not file complaints, write letters to financial institutions, or appear before any regulatory body on behalf of participants. What we do is ensure that after three sessions, you know exactly what your options are and how to pursue them yourself.

Important: This program provides general educational information about consumer rights in Paraguay. It does not constitute legal advice and does not create any professional relationship between participants and program facilitators.

Frequently Asked Questions

Answers to the questions we hear most often from people considering this program.

Yes. The program is designed specifically for people without legal training. We use plain, everyday language to explain what the law says and how regulatory bodies work. No prior knowledge of law, finance, or economics is required to follow and benefit from the sessions.
You can attend regardless of your current situation. The program provides general educational information about how the system works. However, please note that we do not review individual cases, provide advice specific to your situation, or assist with active disputes. For those matters, you would need to contact the BCP, SEDECO, or a qualified legal professional directly.
The program covers entities supervised by the Banco Central del Paraguay, including banks (bancos), financial companies (financieras), and credit cooperatives, as well as other entities that offer consumer credit products. We also address situations involving credit houses (casas de crédito) and how consumer protection law applies to them.
The Banco Central del Paraguay (BCP) supervises financial entities and handles complaints related to regulated financial services — things like unauthorized charges, contract modifications, and service quality issues within the banking sector. SEDECO (Secretaría de Defensa del Consumidor) focuses on consumer protection more broadly and can handle disputes involving commercial practices, advertising, and the general rights of consumers. In some situations, both may be relevant. Session Two explains this distinction in detail.
No documents are required to attend. The sessions are educational and do not involve reviewing individual cases. However, participants often find it useful to bring examples of contracts, account statements, or correspondence they have received from financial institutions, as these can help contextualize the information being discussed. Session Three specifically covers which documents are important and why.
No. This is an educational program and we make no claims about outcomes. What the program does is give you accurate information about the regulatory framework, the complaint process, and what regulatory bodies can and cannot do. What you do with that information — and the outcome of any complaint you choose to file — depends on the specific facts of your situation and the decisions of the relevant regulatory bodies.

Ready to Understand Your Rights?

Join our three-session educational program and leave with a clear understanding of what the law says, who to contact, and what to keep on record.

Contact Us Session Details