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Protecţia consumatorilor prin conversia creditelor în valută
Consumer protection through foreign currency loan conversion

Author(s): Bercea Lucian
Subject(s): Law, Constitution, Jurisprudence
Published by: Universul Juridic
Keywords: consumer protection; consumer credit; foreign currency loan; Swiss franc loan; foreign exchange risk; foreign currency loan conversion;

Summary/Abstract: Romania shall have a law on Swiss franc loan conversion. This study is a critical analysis regarding the nature, defining elements, and the mechanism of conversion, and it includes a comparative analysis of the consumer’s right to convert the credit agreement into an alternative currency, stipulated by Directive 2014/17/EU on credit agreements for consumers relating to residential immovable property.

  • Issue Year: 2016
  • Issue No: 06
  • Page Range: 19-53
  • Page Count: 35
  • Language: Romanian