French Consumer Code

Any advertising document made available to the borrower relating to one of the transactions referred to in article L. 313-1 states that the borrower has a ten-day cooling-off period, that the sale is subject to obtaining the loan and that, if the loan is not obtained, the seller must reimburse any sums paid.

Any advertisement made, received or perceived in France, which, regardless of its medium, relates to one of the loans mentioned in article L. 313-1, specifies the identity of the lender or credit intermediary and the nature and purpose of the loan. Where this advertising includes an interest rate or figures relating to the cost of the credit to the borrower, it shall also clearly, concisely and prominently state the additional…

It is forbidden in all advertising and commercial communication to: 1° Equate monthly repayments with rent or refer, for the calculation of instalments, to social benefits that are not provided throughout the term of the contract; 2° Include any wording likely to give rise to false expectations on the part of the consumer regarding the availability or cost of credit.