Article R313-25 of the French Consumer Code
November 7, 2023
The indemnity that may be payable by the borrower in the event of early repayment, as provided for in article L. 313-47, may not exceed the value of half a year’s interest on the capital repaid at the average rate for the loan, without exceeding 3% of the capital outstanding before repayment. In the event that a credit agreement has different interest rates for different repayment periods, the indemnity referred…
