Credit is subject to refund

Banks Finansy13-11-2010 Credit to be returned to the Finance Ministry has sent a government bill on consumer credit. " Act in the current version focuses on the legal protection of consumers: banks ban unilaterally raise the constant interest rate and charge the borrower fees for early repayment. In addition, from the already taken credit could be phased out within two weeks without explanation. The MOF provides appropriately improve Civil Code in connection with the adoption of a law on consumer credit. According to the authors of the bill he "stands on the side of a credit institution, which not only dictates the conditions and procedure for granting the loan, but do not assume any liability for non-estate loan agreement. In this connection, created legal prerequisites for that loan is extremely high percentage. " The bill requires the unconditional right to establish a borrower to repay the loan without giving a reason within 14 days from the date of the taking, with interest payments only for the actual period of the loan.