Section 1: Scope of application

The provisions of this chapter apply to any credit transaction referred to in 6° of article L. 311-1, whether concluded for valuable consideration or free of charge and, where applicable, to its guarantee, provided that the total amount of credit is equal to or greater than 200 euros and less than or equal to 75,000 euros.

For the application of the provisions of this chapter, hire-purchase and hire with a purchase option are treated in the same way as credit transactions. .

Tangible pledge loans taken out with municipal credit unions pursuant to Article L. 514-1 of the Monetary and Financial Code are subject to the provisions of articles L. 312-5, L. 312-6 and L. 312-8 to L. 312-11. The content of the information that the caisses mentioned in the first paragraph must make available to their customers prior to the granting of this loan, the conditions under which this information is…

Excluded from the scope of the provisions of this chapter are: 1° Credit transactions intended to enable the acquisition or maintenance of rights of ownership or enjoyment of land or an existing building or a building to be constructed, including where these transactions are also intended to enable repair, improvement or maintenance work to be carried out on the land or building thus acquired ; 2° Credit transactions secured by…