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.
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Consumer protection
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.
Update of general terms and conditions
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.
Changes in consumer law terminology
Changes in consumer law also include the harmonization of terminology and the legal definitions of new terms, such as online marketplace, online marketplace operator, and others.
Sales action
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 recovery
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.
Consumer protection against false discounts
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.
Consumer protection against fake reviews
The new Consumer Protection Act also brings a change in the area of protection against fake reviews.
The law on class action lawsuits for the protection of collective consumer interests has been adopted in Slovakia
A law on collective consumer interest protection lawsuits has been adopted. It came into effect on 25th of July 2023.