Unsanitary lending: banks deny customers the right to protection

Banks Finansy27-09-2007 unsanitary lending: banks deny customers the right to protect the Bank engaged in consumer lending, again came under a barrage of criticism from the authorities. At this time the occasion was the principle of contractual jurisdiction ", which infuriated the Federal Service for Supervision of Consumer Rights Protection and Human Welfare. The head of the service, Gennady Onishchenko, (he is - chief state sanitary doctor of the Russian Federation) said recently that the "Federal Service continues to receive complaints from consumers to banks issuing loans. In connection with the continuing practice of non-specific procedural rights of consumers Rospotrebnadzor on the subjects of the Russian Federation must strengthen control and supervision of credit institutions that are making a contract with the consumers point of the so-called "contractual jurisdiction" - the letter said Onishchenko, posted Tuesday on an official site office. As explained Bigness.ru Mityashova Larissa, head of legal department of the Association of Russian Banks (ARB), the principle of contractual jurisdiction "means that" the bank, as plaintiff in the contract includes a condition of considering possible legal action at the location of the claimant (ie, Bank). Such situations can arise with any creditor - problems can occur not only on the late payments on the loan, but due to confusion at the bank.