Section 4: Formation of the credit agreement

Before making the offer referred to in Article L. 313-24, and unless it is clear that this is not the case, the creditor or credit intermediary shall ask the borrower whether the purpose of the credit transaction is to repay at least two previous debts, including a current loan. If the answer is in the affirmative, the borrower is provided with the information set out in articles R. 314-19 to…

The amount of the survey fee, provided for in article L. 313-38, which the lender may request from the borrower when the contract for which the loan was requested has not been concluded, is limited to 0.75% of the amount of the loan, up to a maximum of 150 euros.

When the borrower wishes to make use of the option to substitute the insurance contract provided for in article L. 313-30 before the loan offer mentioned in article L. 313-24 is issued, the lender and the delegated insurer exchange the following information: 1° The lender shall send the delegated insurer, via the prospective borrower, on paper or on another durable medium, for each of the loans concerned, the following information:…

When the borrower wishes to make use of the option to substitute the insurance contract provided for in Article L. 313-30 after the loan offer referred to in Article L. 313-24, the borrower sends the loan offer issued or the credit agreement to the insurer of his choice, on paper or on another durable medium. Once the delegated insurer has undertaken to grant its guarantee, the insurance contract shall mention…