Modalities of consumer’s protection at consumer’s lending in European Union Member States are provided with a special directive of the European Parliament and the Council (Directive 2008/48/EZ of the consumer credit agreements). Although this area has bee

  • Marijana Dukic Mijatovic Associate Professor and Vice Dean for Science and International Relations, Faculty of Law, University Business Academy, Novi Sad
  • Sanja Gongeta Lecturer at University of Applied Sciences Lavoslav Ružička in Vukovar, Croatia

Abstract

Modalities of consumer’s protection at consumer’s lending in European Union Member States are provided with a special directive of the European Parliament and the Council (Directive 2008/48/EZ of the consumer credit agreements). Although this area has been regulated in European Union by the directives since 1987 (Directive 87/102/EEC), for the economic crisis it was increasingly coming to the fore that the consumer, as a weaker agreement party, was not protected enough. The directive 2008/48/EC on consumer credit is based on the principle of maximum harmonization and regulates the minimum legislative framework for each of the member states. Republic of Croatia has become a member of the European Union. As the youngest of the Member States, Republic of Croatia was obliged to adjust its national legislation concerning the protection of consumers when signing a credit agreement with acquis communautaire, following is the Republic of Serbia on its European path, therefore Directive 2008/48/EZ about consumer purchase credit is being analyzed in this paper, as well as Serbian and Croatian legal regulations in this field.

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Published
2014-03-26
How to Cite
Dukic Mijatovic, M., & Gongeta, S. (2014). Modalities of consumer’s protection at consumer’s lending in European Union Member States are provided with a special directive of the European Parliament and the Council (Directive 2008/48/EZ of the consumer credit agreements). Although this area has bee. European Scientific Journal, ESJ, 10(7). https://doi.org/10.19044/esj.2014.v10n7p%p