Reducing the ceiling from 15% to 10% in 2016 has transformed the consumer credit market. As seen published by AGEFI, here is the complete version of the study carried out by CC Crédits Conseils SA, showing market evolution over the last three years.
Find out more about our new all-in-one insurance offer for unemployment and loss of earnings with life insurance, to protect yourself from financial difficulties due to unexpected events.
From the 1st of January 2016 onwards, no more targeting young people, no more suggestions that loans are approved quickly or without examination, no more offering loans for short-term leisure activities such as weddings, holidays or birthdays, no more using abusive economic arguments or startling or ambiguous sales methods.
The conditions for granting a loan have become stricter since December 2015 with regard to the budget calculation, the repayment period has been extended from 72 to 84 months and the cancellation right will change from 7 to 14 days on the 1st of January 2016.
Endless peer-to-peer loan adverts are flooding the internet, promising money that is very easy to obtain, even by the most disadvantaged, under very enticing conditions. Discover our enquiry to learn about how they work, their strategies and the very nature of the fraud itself.