Browsed by
Month: May 2019

What is the legal framework for revolving credit?

What is the legal framework for revolving credit?

Often considered as a generator of household over-indebtedness, revolving credit should be handled with care. It is also strictly regulated by law to best protect the interests of the borrower. Reminder of the legal framework and good attitudes to adopt in order to avoid unpleasant surprises! Revolving credit: enhanced borrower protection By subscribing to a revolving credit the borrower enjoys, as for other consumer credits, a period of 14 days to reconsider his acceptance of the loan offer. Article D312-28…

Read More Read More