Paragraph 1: Civil penalties

A creditor who grants credit may be deprived of the right to interest in the proportion set by the judge, up to an amount that may not exceed, for each of the breaches listed below, 30% of the interest and capped at 30,000 euros: 1° Without having provided the borrower with adequate explanations enabling the borrower to determine whether the credit agreement and any ancillary services are suited to his…

A creditor who grants credit without carrying out the creditworthiness study referred to in article L. 313-16 may be deprived of the right to interest, in full or in the proportion set by the judge.