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The (Dis) Advantages of Arbitration and Consumer Loans. "Usurious" Loans

Publication at Faculty of Law |
2011

Abstract

The paper considers the advantages and disadvantages of the arbitration in comparison with the court procedure. There is a question whether the arbitration satisfies the justified claims during the provision of consumer credits and loans or whether it is advantageous only for one side - the creditor.

Is the weaker party - the consumer - reasonably protected?