All over again, an assessment between your credit rating Directive and a striking is revealed by the Mortgage Credit Directive distinction between the 2.

In specific, the directive doesn’t need that Member States control product contract terms in the shape of cost caps or rollover limitations. Third, the buyer Credit Directive will not offer any substantive safeguards against exorbitant rates of interest or other possibly dangerous options that come with high-cost credit products which may adversely impact the consumer’s … Continued