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Article L314-2 of the French Consumer Code

For credit agreements that provide for amortisation in instalments, the overall effective rate must be calculated taking into account the terms and conditions of the amortisation of the debt.

Original in French 🇫🇷
Article L314-2

Pour les contrats de crédit qui prévoient un amortissement échelonné, le taux effectif global doit être calculé en tenant compte des modalités de l’amortissement de la créance.

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