O nowelizacji umowy pożyczki na tle ustawy o przeciwdziałaniu lichwie

The Act on Counteracting Usury extends the protection of natural persons concluding a loan agreement for purposes unrelated to their business or professional activity. First of all, the changes introduced significantly limit the amount of maximum non-interest loan costs. The Act also introduces numerous changes regarding the rules for establishing loan repayment security. The information obligations of the lender towards the borrower have also been significantly expanded. Moreover, a new feature is the introduction of the obligation to return part of the interest and noninterest costs of the loan in the event of its repayment before the due date. The author critically analyzes the new legal regulation, pointing out its numerous practical imperfections.