Right of withdrawal in the contract of sale ininstallments in terms of the Law on the Protection of the Consumer No. 6502

Installment sales contracts encourage consumption due to the features they have, and accordingly, they are widely used today. Due to the ease of payment provided by installment sales contracts, consumers can make a hasty decision and fall into debt far above their economic strength. As a result, consumers may want to terminate the contractual relationship. At this point, the legislator has regulated the institution of the right of withdrawal in order to give consumers the right to terminate the contract.