Abstract
<jats:p>An analysis of legislative amendments on the possibility of establishing a “self-prohibition” on the remote conclusion of a loan agreement and the introduction of a “cooling-off period” before the issuance of loan funds was conducted to determine whether these institutions comply with the principle of freedom of contract. It has been established that self-prohibition is a voluntary self-restriction, which represents the most complete realization of freedom of contract. A cooling-off period is a mandatory restriction, establishing a deferred performance of the contract for the creditor. The authors conclude that the innovations are consistent with the constitutional criteria for the admissibility of restrictions on rights and freedoms, since the purpose of their introduction is to protect the rights and legitimate interests of all parties to the loan agreement.</jats:p>