Revolving credit means a credit facility which, whether or not accompanied by the use of a credit card, offers its beneficiary the possibility of using the amount of credit granted in instalments, on the dates of their choice.
Home | French Legislation Articles | French Consumer Code | New legislative part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter II: Consumer credit | Section 10: Revolving credit | Article L312-57 of the French Consumer Code
Revolving credit means a credit facility which, whether or not accompanied by the use of a credit card, offers its beneficiary the possibility of using the amount of credit granted in instalments, on the dates of their choice.
Constitue un crédit renouvelable, une ouverture de crédit qui, assortie ou non de l’usage d’une carte de crédit, offre à son bénéficiaire la possibilité de disposer de façon fractionnée, aux dates de son choix, du montant du crédit consenti.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
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Paris Bar Registration n° (Toque) C2396
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