PROTECŢIA DREPTURILOR ŞI INTERESELOR ECONOMICE ALE CONSUMATORILOR PE PIAŢA CREDITULUI DESTINAT CONSUMULUI DIN ROMANIA
RIGHTS AND ECONOMIC INTEREST CONSUMERS PROTECTION ON CONSUMPTION CREDIT MARKET IN ROMANIA

Summary/Abstract: In Romania, consumer credit has evolved very fast after the year 2000. Its evolution was dichotomous in comparison with the other types of crediting. The National Bank of Romania (NBR) started taking steps to slow down credit augmentation, in response to the banks’ expansive credit policies. The banks` behaviour proved disloyal to the consumers in a number of ways: credit offerers used misleading publicity, increased interests, multiplied and raised their commissions. The increase of the interest in the credit contracts generates a precarious situation and an economic unbalance for the consumers. The legal and institutional remedies offered are various, but far from the level of consumers` expectations, especially in times of crisis.

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