Mediation of credit on the phone is still risky!

(Interim report of 1st quarter of 2015)

(Prague, June 11, 2015) When inspecting fulfilment of obligations stemming to providers and intermediaries of consumer credit from the Act on Consumer Credit, the Czech Trade Inspection Authority detected persisting flaws concerning almost half of inspected entities and other defects in almost two thirds of inspections. With regard to high ratio of breaches of generally binding legal regulations, inspections will continue in the upcoming period. In total 56 fines amounting to 6.4 million CZK became effective in the concerning period. “The highest fine of 5 million CZK was lawfully imposed to the BOUDE, s.r.o., company to which serious intentional unlawful conduct was proven already in 2014. The company repeatedly damaged rights of consumers who asked for credit within intermediation of consumer credit on a telephone line with high tariff.  The company didn’t pay the fine, so the claim was transferred to the administration bodies who would enforce it,” said Mojmír Bezecný, the Director General of the Czech Trade Inspection Authority.

The complete press release is available in the attachment.

Celá zpráva zde:

2015-06-11-consumer-credit.doc (, 64.50 KB)

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