ANNEX

Council Directive 87/102/EEC of 22 December 1986 for the approximation of the laws, regulations and administrative provisions of the Member States concerning consumer credit · European Union

LIST OF TERMS REFERRED TO IN ARTICLE 4 (3) 1. Credit agreements for financing the supply of particular goods or services: 1.2 // (i) // a description of the goods or services covered by the agreement; // (ii) // the cash price and the price payable under the credit agreement; // (iii) // the amount of the deposit, if any, the number and amount of instalments and the dates on which they fall due, or the method of ascertaining any of the same if unknown at the time the agreement is concluded; // (iv) // an indication that the consumer will be entitled, as provided in Article 8, to a reduction if he repays early; // (v) // who owns the goods (if ownership does not pass immediately to the consumer) and the terms on which the consumer becomes the owner of them; // (vi) // a description of the security required, if any; // (vii) // the cooling-off period, if any; // (viii) // an indication of the insurance (s) required, if any, and, when the choice of insurer is not left to the consumer, an indication of the cost thereof. 2. Credit agreements operated by credit cards: 1.2 // (i) // the amount of the credit limit, if any; // (ii) // the terms of repayment or the means of determining them; // (iii) // the cooling-off period, if any. 3. Credit agreements operated by running account which are not otherwise covered by the Directive: 1.2 // (i) // the amount of the credit limit, if any, or the method of determining it; // (ii) // the terms of use and repayment; // (iii) // the cooling-off period, if any. 4. Other credit agreements covered by the Directive: 1.2 // (i) // the amount of the credit limit, if any; // (ii) // an indication of the security required, if any; // (iii) // the terms of repayment; // (iv) // the cooling-off period, if any; // (v) // an indication that the consumer will be entitled, as provided in Article 8, to a reduction if he repays early.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-11 · Text as adopted (Official Journal); later amendments are not incorporated in this text.