The Provisions of the Consumer Loan in Light of Executive Decree No. 15-114 related to the terms and conditions of offers in the field of consumer loans
Keywords:
consumer, finance, lender, borrower, national productAbstract
The consumer loan contract is an effective tool in reviving economic mobility in the country. However, its adoption in the legal system of the latter aims to achieve certain objectives, including, in particular, enabling the consumer to acquire goods through bank financing, within the framework of legal guarantees that take into account the consumer's position as a weak party in the contractual relationship. However, the provisions of Executive Decree No. 15-114 dated May 12, 2015 exceeded the consumer's protection footprint to ensure the protection of locally produced goods to ensure a foothold in light of the raging competition for the imported product. Necessarily, this contract is a tool to stimulate the creation of investments on the national territory.
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