Legal Literature

Unfair Commercial Practices Directive, Chapter 2, Article 5, 2. Unfair Commercial Practices Directive, Chapter 2, Section 1, Article 7, 1.

This article discusses the problem of bank practices regarding credit cards, which may be deemed as misleading omissions in light of Art. 4 sec. 1 and Art. 5 sec. 1 of the Prevention of the  Unfair Commercial Practices Act. The author analyses the matter of unreliable advertisement of "excluding interest period", which may mislead a consumer in combination with a lack of detailed information about a bank product and the conditions for price profit. The author also comments on the legal remedies available to the consumer in order to protect his rights.