The additional information mentioned in article L. 313-4 are as follows: 1° The borrowing rate and whether it is fixed, variable or revisable, or a combination of the two, as well as information about any charges included in the total cost of the credit to the borrower; 2° The total amount of credit; 3° The annual percentage rate of charge for the credit referred to in Article L. 314-3. However,…
The information set out in 1° to 6° of Article R. 313-1 are provided using the representative example referred to in article L. 313-4. This example has the following characteristics: 1° A total amount of credit granted equal to 50,000 euros or a multiple of this sum which may not exceed 500,000 euros; 2° A repayment period equal to five years or a multiple of this period which may not…
The general information mentioned in article L. 313-6 are as follows: 1° The identity of the lender, or where applicable the credit intermediary, and the geographical address of the party providing the information; 2° The possible nature, purpose and duration of the loans offered; 3° The types of borrowing rate proposed and whether they are fixed, variable or revisable, or a combination of the two, as well as a brief…
The personalised information that the creditor or credit intermediary provides to the borrower in the form of the sheet referred to in Article L. 313-7, the model for which is appended to this code, covers: 1° The lender; 2° The credit intermediary, where applicable; 3° The main characteristics of the loan;> and 4° The interest rate and other charges; 5° The number and frequency of each instalment; 6° The amount…
All the information mentioned in article R. 313-4 is presented, on paper or on another durable medium, in the form of a single document, in accordance with the European standardised information sheet referred to in Article L. 313-7, a model of which is appended to this code.
Where the credit agreement allows for adjustments to the borrowing rate, this possibility and its possible effects on the amounts due and on the annual percentage rate of charge are mentioned in the European standardised information sheet referred to in Article L. 313-7. To this end, the borrower is provided with an additional annual percentage rate of charge illustrating the possible risks associated with a substantial increase in the borrowing…
The information required pursuant to articles R. 222-1 and R. 222-2 of this code and R. 341-16 of the Monetary and Financial Code which appear in the European Standardised Information Sheet are deemed to have been provided at the time of supply of this sheet. Any other additional information mentioned in the third paragraph of Article L. 313-7, which is provided to the borrower by the creditor or credit intermediary,…
The standardised information sheet referred to in article L. 313-10 sets out in a clear and legible manner the main features of the insurance intended to guarantee repayment of a loan subject to the provisions of Chapter III of Title I, a model of which is appended to this code. .
This sheet referred to in article L. 313-10 in particular specifies: 1° The definition and description of the types of cover offered under the insurance to the borrower; 2° Where applicable, the characteristics of the minimum guarantees required by the lender in order to grant the property loan; 3° The types of cover that the borrower intends to choose from among those mentioned in 1° and the proportion of the…
The sheet referred to in article L. 313-10 is provided to each borrower or co-borrower.
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is a Registered Trademark of
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182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
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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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