Verification of income and expenses when assessing creditworthiness for a consumer loan agreement other than for housing
2022
Abstract
The consumer credit provider is obliged to assess the creditworthiness of the consumer. In application practice, we can observe that different public authorities impose different requirements on the assessment of the consumer's creditworthiness.
In the contribution, the author critically analyzes the decision-making practice of the financial arbitrator and some courts of lower levels and gives an impetus to the unification of decision-making practice when assessing the question of whether the provider has properly verified the consumer's income and expenses for a consumer loan other than for housing.