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30 June 2021

European Commission: New proposal for a Directive on consumer credits repealing and replacing the Consumer Credit Directive (2008/48/EC)

Reasons for and objectives of the proposalDirective 2008/48/EC on credit agreements for consumers

(‘the Consumer Credit Directive’ or ‘the Directive’), amended in 2011, 2014, 2016 and 20191, established a harmonised EU framework for consumer credit, to facilitate the emergence of a ...

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