Legal Safeguards to Control Contractual Imbalance through Framing a Protective Consumer Regime in Consumer Contracts

Of late, the issue of consumer contracts has received significant attention from policymakers due to the important expansion of family loans and the resulting financial crises and economic instability in the entire world. Consumer contracts are characterized by the presence of two parties: a vendor party, which is often a financial company, and a weak party, which is the consumer. The vendor party usually sets conditions that suit its interests, including conditions that are arbitrary and have a clear legal defect that harms the weak party in the contractual relationship, creating a clear imbalance between the rights and obligations of the two parties. Utilizing the descriptive and analytical research approach, this article examines the legal safeguards to control contractual imbalance by framing a protective consumer regime in consumer contracts. The research not only invites readers to reconsider perceptions but also aims to enrich our understanding of legal safeguards to control contractual imbalance in consumer contracts.