Almost 20 years after the adoption of the first Directive on consumer credit in 1987, a new
EU initiative in the area has become necessary due to the constant and fast evolution of financial products
and to the persisting fragmentation of the EU market.
Further integration of the markets and a high level of consumer protection are the main
objectives of the new Commission proposal for a Directive on credit for consumers, currently being
discussed by the Council.
Is At Stake?
do we need up-to-date
legislation on consumer
credit at EU level?
new" on this constantly
evolving issue (new texts,
current Directive and
useful documents on the
specific types of credit,