Torstai 20.10.2016 klo 15.59

This procedure concerns consumer protection related to short-term loans, specifically focusing on interest rate caps and the issue of payment defaults. It aims to regulate the lending practices for high-interest, short-duration loans. The measures will affect consumers seeking short-term credit and lenders offering these products. The goal is to prevent over-indebtedness and ensure fairer lending terms for vulnerable borrowers.