New criteria for loan acceleration from November 2024
The amendment to the Civil Code, effective from 1st of November, 2024, introduces new criteria for the acceleration of consumer loans.
The amendment to the Civil Code, effective from 1st of November, 2024, introduces new criteria for the acceleration of consumer loans.
The new Consumer Protection Act introduces several changes in the area of consumer law. Some of these changes are explained in more detail in our article.
Following significant changes in consumer law, it is necessary to update the general terms and conditions, complaint procedures, terms of use, or other internal documents.
Sales events and door-to-door sales of goods have been subject to stricter regulation since 1st of July, 2024, as outlined in the new Consumer Protection Act.
Prohibited practices in debt collection are among the new provisions introduced in the new Consumer Protection Act, which came into effect on 1st of July 2024.
One of the changes introduced by the new legislation is to increase consumer protection against false discounts and misleading or manipulating the amount of the discount.
The new Consumer Protection Act also brings a change in the area of protection against fake reviews.
A law on collective consumer interest protection lawsuits has been adopted. It came into effect on 25th of July 2023.
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