(f) credit contracts in which the credit is granted without interest and without other fees and credit contracts, the terms of which must be repaid within three months and which must be paid only insignificant fees; 51 is important under Section 60E of the Regulated Activities Regulation; In summary, where a transaction is linked to a credit contract (“main contract”), where: (e) grants credits on the basis of an annual percentage of remuneration less than that applicable in the market or subject to a ceiling set by national law, Articles 5 and 6 do not apply to suppliers of goods or services acting as credit intermediaries as credit intermediaries. This does not affect the creditor`s obligation to ensure that the consumer receives the pre-contract information covered in these articles. (q) the right of the consumer to be informed without delay and free of charge, in accordance with Article 9, paragraph 2, of the result of a database consultation to assess his creditworthiness; 2. Member States ensure that, when the parties agree to change the total amount of credit after the conclusion of the credit agreement, the lender updates the financial information available to the consumer and assesses the solvency of the consumer before any substantial increase in the total amount of credit. 1. Member States ensure that appropriate and effective out-of-court settlement mechanisms are put in place to resolve consumer disputes related to credit contracts using existing bodies. 1. In the event of the transfer of the creditor`s rights in the context of a credit contract or agreement to a third party, the consumer is entitled to assert against the transferee any defence he had against the original creditor, including compensation, if it is authorised in the Member State concerned. (p) the right to prepayment and, if applicable, information on the creditor`s right to be compensated and how this compensation is set in accordance with Article 16; This information must be provided on paper or other sustainable media and all information should be highlighted in the same way.
It can be provided using the European Consumer Credit Information Form in Schedule III. The creditor is deemed to meet the disclosure requirements set out in this paragraph and Article 3, paragraphs 1 and 2, of Directive 2002/65/EC, when it transmitted the European consumer credit information. (b) where a credit contract grants the consumer freedom of access in general, but limits, among the various options offered by the beneficiaries, a limitation on the amount of the credit and duration, the amount of the credit is considered to be as soon as possible provided in the credit contract and in accordance with those deadlines. 2. However, Member States ensure that Articles 11, 12, 13 and 17, Article 18, paragraph 1, second sentence, and Article 18, paragraph 2, are also applicable to open credit contracts that exist on the date of national enforcement measures.