Securing of rights and legitimate interests of borrowers in consumer credit contracts

The consumer credit agreement is a regulator of social relations. Despite the fact that the consumer crediting is undoubtedly the most important area of the domestic banking sector and economy, the legal regulation of this services market is not free of shortcomings and contradictions. The article analyses the rights of borrowers in case of delay in performance of the consumer credit contract. The legal benefits of debt restructuring in comparison with the procedures of bankruptcy are considered.