Consumer Credit Directive: iff publishes its opinion paper with an English version for larger dissemination

The position paper reviews 6 specific dimensions of the CCD proposal

A key support to our advocacy for a safer and fairer EU Consumer Credit Market

The author, Dr. Helena Klinger, reviews the following contents:

  • Extended scope of application and thus protection (Art. 2 CCD-Proposal)
  • Overcoming the information asymmetry (Art. 9-12 CCD-Proposal)
  • Quality of credit advice (Art. 16 CCD-Proposal)
  • Provisions of creditworthiness, prevention of usury and consideration of
    ESG criteria (Art. 18 CCD-Proposal)
  • Measures to reduce and prevent over-indebtedness (Art. 34-36 CCD-Proposal)
  • Effective sanctions (Art. 44 CCD-Proposal)

Download Opinion