Section 6: Information mentioned in the contract

The credit agreement shall be drawn up on paper or on another durable medium. It constitutes a document distinct from any advertising medium or document, as well as from the information sheet referred to in Article L. 312-12. A box at the beginning of the agreement informs the borrower of the main features of the credit. The list of information included in the agreement is as follows The list of…

When the offer of a credit agreement is accompanied by an insurance proposal, a notice is provided to the borrower on paper or any other durable medium. This notice includes extracts from the general terms and conditions of the insurance concerning him/her, in particular the name and address of the insurer, the duration, the risks covered and those excluded. If the insurance is required by the lender in order to…

No vendor or service provider may, for the same goods or services, have the same customer sign one or more credit agreements for a total capital amount greater than the value payable on credit of the goods purchased or services provided. This provision does not apply to the revolving credit agreements referred to in article L. 312-57.