ANNEX II
EUROPEAN CONSUMER CREDIT INFORMATION
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7
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Consumer credit offered by certain credit organisations (Article 2(6) of Directive (EU) 2023/2225 of the European Parliament and of the Council
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8
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)
Debt conversion (Article 2(7) of Directive (EU) 2023/2225)
Key information
Part I
[Always on the first page of the form]:
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Creditor
Where applicable
Credit intermediary
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[Identity]
[Identity]
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The total amount of credit
This means the ceiling or the total sums made available under the credit agreement.
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The duration of the credit agreement
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The borrowing rate or, where applicable, different borrowing rates which apply to the credit agreement
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[%
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Annual percentage rate of charge (APR)
This is the total cost expressed as an annual percentage of the total amount of credit.
The APR is there to help you compare different offers.
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The total amount you will have to pay
This means the amount of borrowed capital plus interest and possible costs related to your credit.
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[Sum of total amount of credit and total cost of credit to the consumer]
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Where applicable
The credit is granted in the form of a deferred payment for specific goods or specific services or is linked to the supply of specific goods or the provision of specific services
Name of good/service
Cash price
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Costs in the case of late payments
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You will be charged [… (applicable interest rate and arrangements for its adjustment and, where applicable, default charges)] for late payments.
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Part II
[If the following elements cannot be displayed in a prominent way on one page, they shall be displayed in the first part of the form on the second page]:
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Instalments and, where appropriate, the order in which instalments will be allocated
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You will have to pay the following:
[The amount, number and frequency of payments to be made by the consumer]
Interest and/or charges will be payable in the following manner:
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Warning regarding the consequences of missing or late payments
Missing or late payments could have severe consequences for you (e.g. forced sale) and make it more difficult for you to obtain credit in the future.
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Right of withdrawal
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Yes/no
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Early repayment
You have the right to repay the credit early at any time fully or partially.
Where applicable
The creditor is entitled to compensation in the case of early repayment.
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Creditor
Geographical address
Telephone number
Email address
Web address (*1)
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Where applicable
Credit intermediary
Geographical address
Telephone number
Email address
Web address (*1)
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(*1)
This information is optional.
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Additional information about the credit agreement
1.
Description of the main features of the credit product
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The type of credit
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Where applicable
Indication that the consumer may be requested to repay the amount of the credit in full at any time
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Where applicable
The price was personalised on the basis of automated decision-making.
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2.
Costs of the credit
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Where applicable
The different borrowing rates that apply to the credit agreement
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[%
— variable (with the index or reference rate applicable to the initial borrowing rate),
— conditions governing the application of each borrowing rate]
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Representative example illustrating the annual percentage rate of charge (APR) and the total amount payable by the consumer
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[% A representative example mentioning all the assumptions used for calculating the annual percentage rate of charge to be set out here]
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Where applicable
Costs
Where applicable
The conditions under which those costs may be changed
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[The costs applicable from the time the credit agreement is concluded]
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3.
Other important legal aspects
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Termination of the credit agreement
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[The conditions and procedure for terminating the credit agreement]
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Where applicable
The creditor is entitled to compensation in the case of early repayment
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[Determination of the compensation (calculation method) in accordance with the provisions implementing Article 29 of Directive (EU) 2023/2225]
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Consultation of a database
The creditor must inform you immediately and without charge of the result of consulting a database, if a credit application is rejected on the basis of such a consultation.
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Where applicable
The period of time during which the creditor is bound by the pre-contractual information
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The information contained in this form is valid from […] until […].
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Concerning redress
You have the right to access an out-of-court complaint and redress mechanism.
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[The out-of-court complaint and redress mechanism for the consumer and how to access it]
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Warning regarding the legal and financial consequences of non-compliance
Non-compliance with the commitments linked to the credit agreement other than late or missed payments could have severe consequences for you.
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Repayment schedule
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[Repayment schedule containing all payments and repayments to be made by the consumer over the duration of the contract, including those payments for any ancillary services]
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Where applicable
4.
Additional information in the case of the distance marketing of financial services
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(a) Concerning the creditor
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Where applicable
Representative of the creditor in your Member State of residence
Address
Telephone number
Email address
Web address (*1)
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[Identity]
[Geographical address to be used by the consumer]
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Where applicable
Registration
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[The trade register in which the creditor is entered and their registration number or an equivalent means of identification in that register]
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Where applicable
The supervisory authority
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(b) Concerning the credit agreement
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Where applicable
Exercise of the right of withdrawal
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[Practical instructions for exercising the right of withdrawal indicating, inter alia, the withdrawal period, the address to which notification of exercise of the right of withdrawal should be sent and the consequences of not exercising the right of withdrawal]
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Where applicable
The law taken by the creditor as a basis for the establishment of relations with you before the conclusion of the credit agreement
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Where applicable
Clause stipulating the law applicable to the credit agreement and/or the competent court
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[Relevant clause to be set out here]
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Where applicable
Language regime
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Information and contractual terms will be supplied in [specific language]. With your consent, we intend to communicate in [specific language/languages] for the duration of the credit agreement.
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(*1)
This information is optional for the creditor.
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