In line with the EU’s Consumer Agenda 2021-2025, which aims to make consumers actors in the post-Covid-19 recovery, the European Commission proposed, on Wednesday 30 June, to revise the 2008 Directive on credit agreements to adapt it to the digital age, ensure better protection for consumers made vulnerable by the crisis and guarantee harmonised conditions for credit companies.
The Directive on credit agreements for consumers (2008/48/EC) aimed to promote informed consumer choice in an...