09/10/2023 (Agence Europe) – The European directive on Consumer Credit Agreements in the Digital Age was adopted by the EU Council on Monday 9 October. This new legislation aims to better protect consumers against risky loans and over-indebtedness while creating an internal market for online loans (see EUROPE B13249A20, B13076A3). “We need to protect consumers from irresponsible lending practices that spread particularly in online environments. This new legislation will ensure that...