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Article R312-12 of the French Consumer Code

Where the instalments paid by the borrower do not immediately result in a corresponding amortisation of the total amount of credit, but serve to reconstitute the capital at the periods and under the conditions provided for in the credit agreement or in an ancillary agreement, and this method of performance does not guarantee repayment of the total amount of credit granted, the agreement shall expressly state this.

Original in French 🇫🇷
Article R312-12


Lorsque les échéances versées par l’emprunteur n’entraînent pas immédiatement un amortissement correspondant du montant total du crédit, mais servent à reconstituer le capital aux périodes et dans les conditions prévues par le contrat de crédit ou par un contrat accessoire, et que cette modalité d’exécution ne garantit pas le remboursement du montant total du crédit consenti, le contrat le précise expressément.

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