trying to monitor the whereabouts of the revised installment sales act!

Even with the aged person the individual body sale whose installments are possible

With the newspaper and the television etc, the senior citizen was in the tout of the high-class futon of the crooked trader, is not to be many a thing which designates reporting such that unnecessary reform was done in the residence as the ear, probably will be?Especially, the aged person and the family of 1 human living having lived, when the aged person 1 is in daytime, the seller who visits the home you say, but the case which buys the commodity way has been conspicuous.

Because with says, each of them is a large amount fee, it is not the case that also the crooked trader can pay with the cash, installments are made to utilize.When you mention installments, it is tend to represent the credit card, but the fact that installments are possible “individual body sale” is even with the aged person who does not have the credit card.

In order to amend law, the economic industrial ministry in the midst of examination

This “individual body sale (individual body easy payment)” with, also “shopping loan” is called, the credit card (comprehensive easy payment) does not use, it is the method the consumer and the trust sales company concluding contract in every individual commodity.Concerning the circumstance where such senior citizen aims, with current law because it is not possible, to manage, the attorney and the consumer organization being center, there were the details which approach concerning the amendment of the installment sale law which submits the opinion book to the economic industrial ministry, is related to installments.
current, the contents are being considered as amendment,
(1) improper elimination of credit (elimination of malicious business)
(2) prevention of excess credit (regulation of total contract value)
(3) responsibilities of the role-related business credit trading, review of the requirements for installment
has been mentioned, such as, 6the end of the month the ministry of economy, trade and industry (industrial structure council subcommittee on installment sales) of sub-committee on basic issues interim arrangement until the amendment is issued at, installment sales act amendment will be submitted to the ordinary diet session next year.

excess misplaced reaction tries to exert up to credit card regulations

for consumer protection, can not be overlooked as it stands is in fact, of course, elimination of unscrupulous businessman is appropriate is being done. excessive lending illegal is outrageous. simply, much you try to thorough regulation, exert law movement toward regulation of credit card transactions to the general public in general as well as individual product sales a lot of damage ( total volume control or one time payment ) since the basic problem in the previous stage of sub-committee is, or it would not be excessive and misplaced reaction.

for example,, total volume control annual income of say3minutes of1when it comes to credit card is only available, 600if the people of the annual income of ten thousand yen200can not only use ten thousand yen, become difficult to shop or other large household appliances and personal computers, case may not be available in foreign countries come out.

usability of the credit card is bad!?

could become an impediment to the healthy development of credit card

examination of his credit card at the time of admission has been made in the first place, likeframe is available it has been determined from the condition. also, in the event of a great deal of his life, beginning with marriage and employment, but may also temporarily drain on someone’s wallet, and it turns out that the purchase can not be planned by the total amount will be introduced this regulation.

also, is said to be clear and current monthly use as well as housewives in the consciousness as well as cash in daily shopping one time payment you may also think that the scope of the installment sales act also. this is not so much a consumer protection, do not lead to infringement of consumer rights, we are not concerned whether it will dampen the economy that was in turn upwards.

in the written opinion of the japan federation of bar associations fortunately, it seems not in a stepped up there at the moment, when the revised money lending business, given the very strict regulations came out, because there could be severe as well this time the contents, i think i want to watch the full amendment history of. also, to strengthen self-regulation in the credit industry, movement has begun to achieve the best mix of legislation and. according to the revision of the installment sales act further, law relating to such things as door-to-door sales specified commercial transactions law for the revision of the, it seems that since working committee meeting held in conjunction with the ministry of economy, trade and industry, attention is where it is.

(related links)
compensation cases are not in full depositor protection law
japan federation of bar associations website
national association of credit
ministry of economy, trade and industry/subcommittee installment sales