Credit agreements for consumers

2002/0222(COD)

PURPOSE: Corrigendum to Directive 2008/48/EC of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers and repealing Council Directive 87/102/EEC (Initially published in the Official Journal of the European Union L 133 of 22 May 2008).

CONTENT: the corrections concern the following:

  • Article 26: information to be supplied to the Commission;
  • Article 27(2), second sentence: as regards the monitoring effect of the existence of the regulatory choices on the internal market and consumers referred to in certain articles of the Directive;
  • Annex II: standard European consumer credit information, point 3 (cost f the credit);
  • Annex III, heading 3: European consumer credit information for: (i) overdrafts; (ii) consumer credit offered by certain credit organisations (Article 2(5) of Directive 2008/48/EC); (iii) debt conversion, point 3 (cost of the credit).