Article L315-23 of the French Consumer Code
November 8, 2023
When the lender is led to request the cancellation of the contract, it may demand the immediate repayment of the capital paid in, as well as the payment of accrued interest.Until actual settlement, the sums remaining due shall accrue default interest at a rate equal to the rate of the loan. In addition, the lender may claim compensation from the defaulting borrower which, without prejudice to the application of the…
