Credit Consumer Law

Credit Consumer Law



The Purpose of Consumer Law

Consumer law, to get adequately fulfill its objectives requires a set of incentives, incentives and conditions which enable it properly consolidated and thus play their indispensable role. He is called to care for individuals who enter the world of consumer relations devoid of minimum tools necessary to enable them to meet their needs in a reasonably balanced. (Nelson-Jones, R. & Stewart, P. 1987 P.111-123)

In fact, Consumer Law, as aforementioned protective discipline, seeks to balance the unequal power relations that involve the audience of consumers and suppliers in a free market. Thus, starting from the budget of the weakness of the consumer provides a range of policy solutions aimed at alleviating the situation of weakness and correct deviations and abuses in the legal relations of consumption. The consumer credit insurance

The consumer credit insurance may appear as an extra cost when you must already pay the monthly credit consumption. However in case of accident of life, it can quickly become indispensable, especially in the following cases: Disease Inability to work Partial or total disability, temporary or permanent Deaths LTU

By purchasing insurance consumer loan, repayments of your consumer credit supported sound in case of accident by the insurance company. The above risks are covered until full repayment of the loan in case of death. (Goode, R.M. 1979 P.65-73)

Consumer credit insurance supports whether full or partial, temporary or permanent according to the contract the following risks: Death and disability: full refund or credit consumption; total and irreversible loss of autonomy: the modalities of care are different depending on the contract; temporary total disability or permanent partial disability: the refund will vary from contract to contract depending on the degree of disability; Job Loss: Support for partial refunds or deferral opportunity Report deadlines as appropriate.

A contract is issued by the consumer credit agencies to the consumer and it varies to different agencies.

The Consumer as A Legal Status With Rights Enforceable In Law

The "economization" of rights to achieve this alignment of forces in consumer relations, many countries in the world comes to develop its consumer protective legislation. The strength and effectiveness of these laws will depend on the social, cultural and, most importantly, political and economic conditions of each of these countries. (Marsh, G. 1999, P.52-65)

However, the most difficult obstacle facing consumerist legislation is without a doubt, the modern economic system and the interference of its provisions on human relations in general and in particular right. They are the market economy and the elite of individuals who benefit from dividends who put the main obstacles to the progress of any attempt to ease or humanize the consequences from the system. For several years, was installed as a dogma, the idea that economic statistics are the parameters through which one must assess the success or failure of a nation. Thus, the welfare of the citizens of a state and quality of life is neglected in pursuit of often fictitious balance economic ...