In the event of default by the borrower and where immediate repayment of the capital is not requested, the rate increase provided for in article L. 313-50 may not exceed three interest points.
Home | French Legislation Articles | French Consumer Code | New regulatory part | Book III: CREDIT | Title I: CREDIT TRANSACTIONS | Chapter III: Mortgages | Section 5: Performance of the credit agreement | Subsection 2: Default by the borrower | Article R313-26 of the French Consumer Code
In the event of default by the borrower and where immediate repayment of the capital is not requested, the rate increase provided for in article L. 313-50 may not exceed three interest points.
En cas de défaillance de l’emprunteur et lorsque le remboursement immédiat du capital n’est pas demandé, la majoration de taux prévue à l’article L. 313-50 ne peut excéder trois points d’intérêt.
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75001, Paris France
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