CONSUMERS’ LENDING IN THE EUROPEAN UNION
Modalities of consumers’ protection at consumers’ lending in the European Union Member States are provided with a special directive of the European Parliament and the Council (the Directive 2008/48/EZ on contracts of consumer credit). Although this area has been regulated in the European Union by t...
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
University Business Academy in Novi Sad Faculty of Law for Commerce and Judiciary
2013-12-01
|
| Series: | Pravo |
| Online Access: | https://casopis.pravni-fakultet.edu.rs/index.php/ltp/article/view/195 |
| Summary: | Modalities of consumers’ protection at consumers’ lending in the European Union Member States are provided with a special directive of the European Parliament and the Council (the Directive 2008/48/EZ on contracts of consumer credit). Although this area has been regulated in the European Union by the directives since 1987 (the Directive 87/102/EEC), because of an economic crisis, it was increasingly coming to the fore that a consumer, as a weaker agreement party, was not protected enough. The Directive 2008/48/EC on contracts of consumer credit is based on the principle of a maximal harmonization and it regulates a minimal legislative framework for each of the member states.
|
|---|---|
| ISSN: | 0352-3713 2683-5711 |