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اليوم السابع
اليوم السابع
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Law No. 181 of 2018 established the Consumer Protection Law for the installment sales system. It requires the supplier to provide the consumer with an invoice containing details such as the total price, cash sale price, annual return, down payment, financing entity, installment period and amounts, as well as the rights and obligations of both parties in case of breach. The consumer has the right to pay installments early and to reduce the amount of interest due. The law also grants the consumer the right to withdraw from timeshare and partial ownership contracts, as well as similar systems, within 14 days of signing without any expenses.
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