site.btaRegulator Clamps Down on Banks over Consumer Rights Violations
A street in Aitos, Southeastern Bulgaria (BTA Photo/Hristo Stefanov)
The Commission for Consumer Protection (CCP) on Wednesday urged all banks in Bulgaria to review their consumer loan agreements within 14 days and remove clauses that violate consumer rights. The CCP said in a press release it is ready to initiate class action lawsuits against those banks which refuse to carry out its recommendations.
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