Local view for "http://purl.org/linkedpolitics/eu/plenary/2012-11-19-Speech-1-191-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20121119.24.1-191-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Mr President, the Consumer Credit Directive has increased the level of protection from some predatory loans – for example, by enabling consumers to cancel a contract within 14 days without giving a reason. Even so, the monitoring bodies are still finding various defects in controls on credit providers and intermediaries for non-bank consumer credit – for example, advertisements offering credit which often do not contain all the legally required data. In the Czech Republic, for instance, this applies to up to half the cases checked. Therefore, I welcome the fact that the report calls for stronger supervision of advertising practices in order to avoid the dissemination of misleading or false information.
I shall also mention another specific problem, which relates to what are known as SMS loans. A growing number of providers of these loans, which at first glance are quick and accessible, exploit the fact that the rules are vague. As a consequence, some consumers do not anticipate that the credit terms and conditions will be so disadvantageous, and they easily get into difficulties paying it off. Therefore, I support extension of the existing level of consumer protection to loans involving amounts below the lower threshold laid down in the current directive."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples