YENER, Mehmet Deniz Marmara Üniversitesi - Bankacılık ve Sigortacılık Yüksekokulu Öğretim, tURKEY

THE INNOVATIONS THAT THE NEW CONSUMER PROTECTION LAW NR.6502 BROUGHT ABOUT IN TERMS OF CONSUMER LOANS

38353

Consumer credit could be defined as the form of a loan to meet the financing of goods and services purchased. Consumer credit allows the purchase of needed goods on time but with a later date of payment and with future income. Consumer Loans are regulated in Article# 22, on the new Consumer Protection Law # 6502. New Consumer Protection Law # 6502 has brought important innovations on consumer protection. Specific conditions in the contract forms, restrictions on modifications, the right of consumers’ withdrawal in a certain period of time, restrictions on interests and expenses which may be taken from the consumer credit borrower are the main innovations that protect the consumer.

409

Consumer Credit , Bank Liability , Contract , Consumer Law

Journal Of Financial Researches an‎d Studies

436