New rules on loan deals
- Select a language for the TTS:
- UK English Female
- UK English Male
- US English Female
- US English Male
- Australian Female
- Australian Male
- Language selected: (auto detect) - EN
Play all audios:
NEW RULES COME INTO FORCE NEXT MONTH GOVERNING FINANCIAL FIRMS WHICH OFFER DEBT CONSOLIDATION (RACHAT DE CRÉDIT) NEW rules come into force next month governing financial firms which offer
debt consolidation (rachat de crédit) - this is when you take out one loan in order to pay off a number of others, ideally with a favourable interest rate. Firms offering this must now
provide a clear information list detailing the nature of the loan, the amount and period of repayments and conditions relating to early repayment.