elements of a loan agreement.

In the legal science and in public life, attention is growing to the emerging problems in
the sphere of consumer lending. At the same time, the changes occurring in the country during
the formation of a market economy have revealed the need for a review of the legal regulation
of credit relations, since the ongoing modernization of civil legislation regulating consumer
crediting in one way or another does not ensure the elimination of existing contradictions, as
evidenced by judicial practice.