French Consumer Code

European standardised pre-contractual information for home loans EUROPEAN STANDARDISED INFORMATION SHEET (ESIS) PART A The text of the model below is reproduced as it appears in the ESIS. The information in square brackets is replaced by the corresponding information. The creditor or, where applicable, the credit intermediary will find instructions on how to complete the FISE in Part B. The mention where applicable means that the creditor gives the information…

(Order 29 April 2015-borrower insurance) MODEL STANDARDISED INFORMATION SHEET Borrower insurance for home loans 1. The distributor Name: Company name: Address: Tel: SIREN number for insurance organisations: ORIAS number for intermediaries: If applicable, link with one or more insurance companies: 2. The insurance applicant Last name: First name: Born on : Place of residence: Current occupation: You are: □ borrower □ co-borrower □ guarantor (tick the appropriate box) If applicable,…

PART I: Basic equation expressing the equivalence of loans, on the one hand, and repayments and charges, on the other. The basic equation, which defines the annual percentage rate of charge (APR), expresses on an annual basis the equality between, on the one hand, the sum of the present values of the uses of the credit and, on the other hand, the sum of the present values of the amounts…

For the purposes of article R. 314-6 du code de la consommation, the following terms are defined: Post-counted commission: commission invoiced to the customer at the end of the period in respect of advances granted. Pre-counted commission: commission invoiced to the customer in respect of advances granted, when the said advances are set up. Guarantee holdback: sum set aside when the invoices are taken over by the factoring company to…

For the application of the provisions of article R. 314-20, the information document includes a table comparing the financial characteristics of the loans being considered for consolidation with the financial characteristics of the proposed consolidation. This table is presented in accordance with the model below: COMPLETE CREDITS AND OTHER DEBTS (1) PROPOSED CREDIT GROUPING Capital outstanding, borrowing rate (2) and amount of instalments: List the various loans. Amount, borrowing rate…