2.

The credit servicing agreement referred to in paragraph 1 shall provide for the following: a detailed description of credit servicing activities to be carried out by the credit servicer; the level of remuneration of the credit servicer or how the remuneration is to be calculated; the extent to which the credit servicer can represent the credit purchaser in relation to the borrower; an undertaking by the parties to comply with the Union and national law applicable to a creditor’s rights under a credit agreement, or to the credit agreement itself, including in respect of consumer and data protection; a clause requiring the fair and diligent treatment of the borrowers.

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Source: EUR-Lex (Cellar) · retrieved 2026-10-12 · Text as adopted (Official Journal); later amendments are not incorporated in this text.