Consumer credit: Principles, Types, Advantages and Disadvantages

Consumer credit is granted by credit institutions to individuals to enable them to finance the most important expenses, in particular to acquire durable goods. Auto credit and work credit are two forms of consumer credit. Consumer credit is very diverse, by its very nature: it adapts to your needs, and varies according to the nature […]

Revolving credit, last part of the reform

From 1 May 2011, the reform of Christine Lagarde on consumer credit begins its 5th and final part. After framing advertising and buying back credit, shortening the durations of over-indebtedness plans or registering in payment incident files (FICP), the text is finalizing consumer protection against revolving credits. To fight against the evils of revolving credit, […]