Where the granting of a loan is subject to a prior savings phase, the overall effective rate is calculated without taking account of this savings phase.
Home | French Legislation Articles | French Consumer Code | New regulatory part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter IV: Provisions common to consumer credit and home loans | Section 1: Interest rates | Subsection 1: Overall effective rate | Article R314-10 of the French Consumer Code
Where the granting of a loan is subject to a prior savings phase, the overall effective rate is calculated without taking account of this savings phase.
Lorsque l’octroi d’un prêt est subordonné à une phase d’épargne préalable, le taux effectif global est calculé sans tenir compte de cette phase d’épargne.
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PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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