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Dr Dominik Kubacki
ORCID: 0000-0003-2389-0168

Assistant Professor in the Department of Banking at the Institute of Finance, Faculty of Economics and Sociology, University of Lodz. Since the beginning, his research and teaching interests have been focused on issues related to finance and economics, particularly in the area of market efficiency. Author of the book Efektywność informacyjna rynku finansowego w wybranych krajach Unii Europejskiej. In 2020–2021, he participated in the research project "Financial services market failure and consumer decisions in the light of Ajzen's theory of planned action, Fisher's attention and McGuire's processual model of persuasion." In addition to teaching at the University, he contributes to the Student Finance Clinic, Activus Foundation.

 
DOI: 10.33226/0137-5490.2023.2.2
JEL: D18, K29, G21

The purpose of the article is to present, in the context of information asymmetry, irregularities related to consumer credit in terms of non-fulfillment of information obligations noted in the decisions of the President of the Office of Competition and Consumer Protection (OCCP) in the period of 2018–2021. While using the method of economic and legal analysis, the authors attempted to answer the question what irregularities, concerning the non-fulfillment of information obligations related to consumer credit, were identified in these decisions, and whether financial penalties were imposed on entities that did not fulfill these obligations. The analysis of irregularities presented in the paper shows that despite the legislation in force, the consumer is not sufficiently protected from information asymmetry.

Keywords: consumer credit; consumer protection; information obligations; irregularities