Rules On Consumer Crediting

Original Language Title: Noteikumi par patērētāja kreditēšanu

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Read the untranslated law here: https://www.vestnesis.lv/op/2016/213.1


Cabinet of Ministers Regulations No. 691 in 2016 (October 25. No. 57 22. §) rules on consumer credit issued under the consumer protection law in the fourth part of article 8 and article 7 of the law on Advertising, the second part i. General questions 1. determines: 1.1. requirements for consumer lending services of advertising content; 1.2. before the consumer credit agreement (hereinafter referred to as the lending agreement) concluded, the content of the information to be provided and the procedures of the provision; 1.3. additional conditions for the supply of services; 1.4. lending contract requirements and be included in the feasibility of the information;
1.5. the annual percentage rate calculation method; 1.6. the foreign currency loan variable interest rate and credit conditions; 1.7. informing the consumer lending during the term of the contract; 1.8. early repayment of the credit and the total cost of the credit to the fair; 1.9. the individual lending type of contract, the applicable requirements; 1.10. counselling sliding; 1.11. the credit intermediary and credit intermediary agents; 1.12. the legal framework for consumer lending against pledge of movables. 2. the terms used in the rules: 2.1. total amount payable by the consumer, the amount that represents the total amount of credit and total cost of the credit to the consumer; 2.2. annual interest rate – total cost of the credit to the consumer expressed as an annual percentage of the credit granted to the consumer by the total amount, including costs in accordance with such rules 5, 6 and 7; 2.3. the borrowing rate – the interest rate expressed as a fixed or variable percentage applied on an annual basis to the amount of credit withdrawn; 2.4. the fixed borrowing rate – only borrowing rate, by which the credit provider and the consumer agree in the credit agreement for the entire lending contract period, the borrowing rate, or the number of individual contract period using only a certain fixed rate interest. If the lending contract, not all borrowing rates are determined, the borrowing rate shall be deemed to be fixed only for the period for which the borrowing rate is set by certain fixed rate interest, which agreed the contract. the lending Lending agreements, which regularly reviews the borrowing rate in accordance with changes in the lending agreement specified in the base interest rate (Libor, Euribor or others), shall not be regarded as credit agreements with a fixed borrowing rate; 2.5. foreign currency loans – loans that are denominated in a currency other than the currency in which the customer receives income or storing assets that are required to repay the credit, or expressed in a currency other than that of the European economic area Member State in which he has his habitual residence; 2.6. the total amount of credit – the maximum loan amount available to the consumer under a credit agreement; 2.7. the members of the Organization of the benefit – organizations that are established for the mutual benefit of their members, making money only to its members, running a social objective in accordance with the requirements of the law, receiving and managing deposits, provides lending services only to their members by providing loans with annual interest rate, which is lower than the prevailing market rates prevailing or limited according to law, and membership is only available to persons living or working in a particular location, employees and retired employees of a particular employer or persons who meet the other statutory criteria that establish common links between members; 2.8. linked credit agreement, the consumer credit contract referred only to fully or partially fund the contract for the supply of certain goods or the provision of a particular service, and these two contracts actually form a commercial unit. Consumer credit agreement and a contract for the supply of specific goods or the provision of a particular service consists of a commercial unit in the following cases: 2.8.1. credit granted to the consumer goods manufacturer, seller or service provider; 2.8.2. the credit to the consumer with a third party, and the grantor uses the manufacturer, seller or service provider in connection with the credit agreement, or; 2.8.3. the credit to the consumer with a third party, and the specific product or the service is clearly indicated in the contract of lending; 2.9. the ancillary capacity – the manufacturer, the seller or the service provider to which the activity as credit intermediaries is not the main economic or professional activity. 3. These provisions shall not apply: 3.1. credit contracts entered into by the employer and the employee, if the credit is granted free of interest or at annual percentage rate of charge which is lower than the prevailing market rates prevailing and what not offered to the public generally, and if the supply of credit is not the core business of the employer; 3.2. the lending contracts to be concluded with investment firms or credit institutions to give the investor the opportunity to carry out a transaction relating to one or more financial instruments, governed according to the laws of the markets in financial instruments, if the investment firm or credit institution granting the credit is involved in such transaction; 3.3. credit agreements is the Court or other legal authority, reached a certain settlement result; 3.4. credit agreements which relate to the deferred payment of the debt, without payment of interest and other additional payments, except for the credit contract repayment secured by real estate or credit goal is to acquire or retain the right to real estate; 3.5. the lending contracts on loans that general interest according to the procedures laid down in the laws and granted a limited circle of persons with interest rates lower than the prevailing market rates of interest, existing or without interest, or in accordance with other provisions, which would be more advantageous than the consumer market generally used terms, and with interest rates no higher than the generally existing in the market interest rates. This type of lending contracts that provide a real estate or loan purpose is to acquire or retain rights to real property, this provision shall apply chapters II, III and V; 3.6. the rental or leasing contracts where no consumer liability or a right to acquire the property of the object of the contract or is not intended for full or partial value of the object of the contract cost of the contract period; 3.7. credit agreements under which the loan is granted without payment of interest and other additional payments, excluding payments related to credit security. This exception does not apply to the lending contract through consumer credit's storage as a candidate for a security thing and the consumer's responsibility is limited to the pledged thing. This provision in paragraph 13, 14.4, 14.5 and 14.6.., as well as 56.3., 56.5 56.7 54.1., and the requirements referred to in subparagraph shall also apply to the credit referred to in this agreement. 4. monitoring of compliance with these provisions take the consumer rights protection centre. II. the calculation of the annual percentage rate annual interest rate calculated in accordance with the provisions specified in annex 1 of the formula and conditions, determining the current value of all existing or future liabilities (remove the amount of the credit, payment and costs) which have been agreed by the employer and consumer credit. 6. for the purpose of calculating the annual percentage rate of charge, determine the total cost of the credit to the consumer. Calculating the total cost of the credit to the consumer shall not be taken into account such payments: 6.1 any charges which the consumer pays for credit consumers laid down in the Treaty, the non-performance or improper performance; 6.2. payments made by the consumer pays when purchasing goods or services, other than the purchase price, regardless of whether the transaction is made in cash or by credit. 7. Costs associated with the maintenance of the account that is used for making payments and the cost of credit, as well as the cost of billing feature, used for making payments and credit costs, and other costs associated with making payments, the total cost of the credit to the consumer, except in the case where the account opening account is voluntary and costs are clearly and separately shown in the credit agreement or in any other contract concluded with a consumer. 8. calculate the annual percentage rate of charge shall be made on the assumption that the credit contract is valid during the period for which it is concluded, and that the credit and the consumer will fulfil their obligations in accordance with the rules and deadlines, for which both parties have agreed lending agreement. 9. the lending agreement that allows changes to the annual rate of interest included in the borrowing rate or other costs included in the annual rate of interest, but not detectable at the time when it is calculated, the annual percentage rate is calculated on the assumption that the borrowing rate and other charges will remain fixed and will be applied to the lending contract. 10. the calculation of the annual percentage rate of charge, credit the employer has the right to use the provisions of annex 1 of the 3 and 4 referred to additional assumptions. 11. the lending contracts that provide a real estate or loan purpose is to acquire or retain the right to real estate, which fixed borrowing rate is set at least to the initial period of five years, which meant the end of the agreement on a new fixed borrowing rate for the rest of the period concerned, the European standardised information form (annex 2) specify additional illustrative in the calculation of the annual percentage rate applies only for the initial fixed-rate period of the loan and it is based on the assumption that a fixed-rate loan at the end of that period the outstanding credit is repaid. 12. where a credit agreement with repayment secured real estate or credit goal is to acquire or retain the right to real estate, allowing changes in the borrowing rate, the consumer must be informed of the potential impacts of changes to the customer's payments to be made and the annual interest rate, at least through the European standardised information form (annex 2). Calculate the consumer additional annual interest rate that reflects the significant increase in the borrowing rate of the related potential risks. If the borrowing rate, the ceiling has not been determined, this information shall be accompanied by a warning that the total cost of the credit to the consumer, which represents the annual percentage rate may vary. This paragraph shall not apply to credit agreements which are subject to the provisions of paragraph 11. III. requirements for lending service for advertisements in which 13 Ad offers the possibility to credit consumer, banned: 13.1. promote irresponsible borrowing. In determining whether advertising promotes irresponsible borrowing, taking into account the total content of advertising and presentation, the presentation and the information provided in the advertisement for the lending service and helps the consumer to adopt commercially reasonable decision. For advertising that promotes irresponsible borrowing in any case, be considered as advertising that: 13.1.1. calls on the consumers get credit for not considering the ill-advised or not; 13.1.2. calls get credit regardless of the consumer's financial situation; 13.1.3. create or may create the impression that the credit is without risk; 13.1.4. create or may create the impression that the credit is the best way to solve financial problems; 13.1.5. affect or may affect the consumer's decision on conclusion of the credit agreement, in addition to offering to acquire goods or services, or other benefits, if they have no direct link with the credit use; 13.2. to provide information about the possibility to get credit for people with adverse credit history. 14. advertising, which offered the opportunity for the consumer credit and the interest rate or other numerical information about the cost of the credit, by means of a representative example in a clear, concise and prominent way points (if specific credit agreements unless otherwise specified): 14.1. the borrowing rate (fixed, variable, or both) along with information on the applicable charges included in the total cost of the credit to the consumer; 14.2. the total amount of credit; 14.3. the annual interest rate. Visual advertising this information indicates at least as prominent as any interest rate or other equivalent numerical information about the cost of the credit; 14.4. the lending contract period, if any; 14.5. If the loan is a form of deferred payment for a specific good or service, the price of goods or services, and any initial deposit amount; 14.6. the total amount payable by the consumer and the amount of the payments, if possible; 14.7. compulsory obligation to assume the credit agreement related to additional services, such as compulsory insurance, if agreement on the conclusion of additional services is needed to get credit or get it with the provided terms and conditions, and such costs cannot be determined in advance. 15. advertising on excess credit that must be repaid on demand or within three months, if the ad was created, indicating the interest rate or other numerical information about the cost of the credit, by means of a representative example indicates at least that rule 14.1, 14.2 and 14.3. information referred to in paragraph. 16. advertising on the lending contracts for the acquisition of immovable property or credit contract repayment secured by mortgage on immovable property, if the ad was created, indicating the interest rate or other numerical information about the cost of the credit, by means of a representative example in a clear, concise and prominent way indicates that rule 14.1, 14.2, 14.3, 14.4.., 14.5, 14.6. (if applicable) and 14.7. information referred to as well: 16.1. grantor or credit broker or credit intermediary representative name. If the credit intermediary involved or the credit intermediary's representative is a natural person, the name, address and registration number of the register of intermediaries; 16.2. a clear indication that the loan is secured by a mortgage on immovable property or any other right related to immovable property; 16.3. if applicable, the number of payments; 16.4. if applicable, warning that exchange rate fluctuations could affect the amount payable by the consumer. 17. advertising on the lending agreement, under which the consumer credit has to be repaid within a period which shall not exceed three months, and for the use of credits will be required for the additional duty compared with the total amount of credit and lending contract period, if the ad was created, indicating the interest rate or other numerical information about the cost of the credit, by means of a representative example indicates that rule 14.1, 14.2, 14.5 and 14.6 14.4., the information referred to in paragraph. 18. advertising on the lending agreement which is concluded by a consumer's credit as collateral in the possession of a thing and hold the consumer's responsibility is limited to cases where the mortgaged ad was created, indicating the interest rate or other numerical information about the cost of the credit, by means of a representative example indicates that rule 14.1, 14.2, 14.4 and 14.6. information referred to in point. 19. The consumer credit contract advertising, under which the employer credits silent agreed that the consumer use the funds which exceed the current balance in the consumer's current account or the excess credit granted, only 13 of these rules shall apply. the requirements referred to in paragraph 1. IV. information to be provided to the consumer prior to the conclusion of the contract of lending 20. before the consumer is bound to the lending contract or agreed to offer credit or the credit intermediary shall, on the basis of the credit terms and conditions of the credit and the consumer's preferences and the information, if the consumer has provided such timely and free of charge provide the consumer with the information needed to compare different offers and make an informed decision on the conclusion of the agreement on the credit. 21. the information provided by the consumer in accordance with paragraph 20 of these regulations, indicating: 21.1. types of credit; 21.2. the grantor and, if involved in a credit intermediary, the credit intermediary's name, registration number, registered office, and the actual service delivery address, if different from the registered office. If the credit intermediary concerned is a natural person, indicating name, surname, residential address declared and actual service address; 21.3. the total amount of credit and withdrawal; 21.4. the lending contract period; 21.5. the product or service and its price, if in accordance with the lending agreement granting a loan form of deferred payment for a specific good or service, or for concluding a contract related lending; 21.6. the borrowing rate, the rules that determine the application of the borrowing rate and the base interest rate, if any are applicable to the initial borrowing rate, as well as the change in the borrowing rate periods, conditions and procedures. If credit different borrowing rates indicates that information about all the applicable rates; 21.7. the annual percentage rate of charge and the total amount payable by the consumer. This information reflects the considered example, including any annual interest rate assumptions used for calculation. If the consumer has informed the employer of the desired credit credit one or more characteristics of the credit in this example reflects the characteristics specified by the consumer. If the lending agreement provides different ways of drawdown with different charges or borrowing rates and credit management annual rates of interest used in the calculation of annex 1 of these rules referred to in point 3.2, credit the donor indicates that if this type of credit agreement uses the other removal mechanisms, funds will be applied to a higher annual percentage rate; 21.8. the payment of the amount, number and frequency of payments to be made by the consumer, as well as the order in which payments will be allocated to different outstanding balances charged at different borrowing rates (if such arrangements are fixed); 13.6. the costs associated with one or more account maintenance, which will use the payment and credit operations for the removal of the registration, indicating the cost of the payment instrument and making payments and withdrawals, as well as any other costs deriving from the credit agreement and the conditions under which those charges may be changed. This information does not indicate if opening the account in accordance with the lending agreement is voluntary or not provided; 21.10. notarial costs, which the lending agreement shall be borne by the consumer (if such are provided); 21.11. compulsory obligation to assume the credit agreement related to additional services, such as compulsory insurance, if the conclusion of the contract for additional service is required to receive credit or credit applications with proposed terms and conditions; 21.12. arrears and the procedures for their implementation, as well as liquidated damages or other compensation for non-performance of contractual obligations, or the improper execution (where provided); 21.13. information about the consequences if no payment is made; 21.14. guarantees, if necessary; 21.15. information about the right of withdrawal from the credit agreement. 21.16. the right to early repayment of the credit and the credit information of the employer's right to compensation and the arrangements for fixing the refund in accordance with the provisions of paragraph 101 (if any); 21.17. consumer rights under the consumer protection act immediately and free of charge, to be informed about the use of the database to evaluate a consumer's ability to repay the loan; 21.18. consumer rights, free of charge, upon request, receive a copy of the draft credit agreement; 21.19. period during which the pre-contractual information the employer is bound by the credit (if applicable). 22. This provision of the information referred to in paragraph 21 is provided according to the provisions in annex 3 to the standard European consumer credit information form on paper or on another durable medium. All such information should be equally visible. Credit the employer has complied with the information requirements pursuant to this paragraph and the provisions on distance contracts for financial services in specific information of consumers of financial services before the distance contract if he has provided consumer information under that form. 23. Any other information that is not specified in paragraph 21 of these rules and what the employer gives the credit to the consumer, shall be entered in a separate document, which shall be annexed to these rules in annex 3 to the standard European consumer credit information form. 24. These rules 20, 21, 22 and 23 of the type referred to in paragraph 1 shall not apply to: 24.1. lending agreement which provides that consumer credit has to be repaid within a period not exceeding three months, and under which the use of the credit is required for the additional duty compared with the total amount of credit and lending contract period; 24.2. the lending contracts, under which the employer credits silent agreed that the consumer use the funds which exceed the current balance in the consumer's current account or the excess credit granted. 25. Credit contracts entered into by a consumer's credit as collateral in the possession of a thing and hold the consumer's responsibility is limited to the pledged thing, before the consumer is bound to the lending contract or agreed to offer a credit of free-form provides this rule 21.3., 21.4., the information specified in paragraph 8.5., as well as information on the total amount payable by the consumer. 26. the employer on request by the consumer free of charge issued by the lending of copies of the draft Treaty, except where the grantor at the time of the request unwilling to conclude an agreement with consumer lending. 27. If the means of communication between the grantor of credit and the consumer voice telephony is used according to the rules on distance contracts for the provision of financial services, financial services in the nature of that is to be in accordance with those rules, shall include at least the rule 21.3.,.,., 21.6 21.5 21.4. and information referred to in paragraph 21.8., as well as information about the annual rate of interest, reflecting the considered example, and the total amount payable by the consumer. 28. If the contract is concluded by the consumer's request using a means of distance communication which does not enable providing the information in accordance with these rules 20, 21, 22 and 23 above, the credit management immediately after the conclusion of the contract, using the standard European consumer credit information form (annex 3), provide the consumer with specific information. 29. Concluding a contract with a credit which the payments made by the consumer by not immediately the total amount of credit repayment, but uses the capital accumulation under the lending agreement or amendment in certain periods and rules information, in accordance with the provisions of article 20, 21, 22 and 23 of these requirements to be provided to the consumer prior to the conclusion of the contract, include a clear and concise statement that such credit agreements do not guarantee under the contract issued by crediting the credit repayment of the total amount of except where such a guarantee is given. 30. In order to enable consumers to assess the suitability of the proposed lending agreement for his needs and financial situation, credit or the credit intermediary to the consumer's request, explaining the consumer to the standard European consumer credit information form (annex 3), is included as well as the major characteristics of the services offered and the consequences of your use of the services could lead to consumer, including informed of the consequences arising or the agreement without proper execution. V. information to be provided to the consumer prior to conclusion of the contract, the credit for which repayment of credit secured by real estate or the purpose of which is to acquire or retain the right to real property 31. Credit or the credit intermediary shall ensure that the consumer at any time free of charge is available in clear and easy-to-understand information on the overall lending contracts in paper form by using a durable medium, or by electronic means. This information shall include at least: 19.3. information provider name, registration number, registered office, and the actual service delivery address, if different from the registered office. If the information provider is a natural person, indicate the name, address of the declared place of residence and the actual service, as well as the address of the credit intermediary's register number if a natural person has a credit intermediary; 31.2. possible objectives, a loan may be used; 31.3. the security types, including the provision of the opportunity to reside in another Member State of the European economic area; 19.5. lending agreement possible period; 31.5. the borrowing rate available, whether they are fixed, variable, or a combination of the two rates, adding a short fixed and variable interest rate characteristics, including related implications for the consumer; 19.6. If you have a loan in foreign currency, foreign currency, details of the Exchange, including an explanation of or about what is expressed in a foreign currency impact on consumer credit; 19.7. example of the way to be considered as the total amount of credit, the total cost of the credit to the consumer, the total amount payable by the consumer, and the annual percentage rate of charge; 19.8. the potential future costs that are not included in the total cost of the credit to the consumer and payable in connection with the credit agreement; 19.8. various options for repayment of the credit grantor, including their possible regular payment amount, number and frequency of payments to be made by the consumer;
31.10. where appropriate, clear and concise indication that lending contract does not guarantee compliance with the provisions under a contract issued by crediting the credit the total amount repaid; 31.11. information on early repayment of credit conditions; 31.12. information about the need to make the real estate assessment for evaluation responsible party, as well as whether it generates what costs the consumer; 31.13. indication of a statutory obligation to take with credit related services contract, if the contract is concluded by an additional service is required to receive credit or credit applications with proposed terms and conditions. Where applicable, add clarification that the additional services can be purchased from the service provider that is not a loan originator;
31.14. General warning about the consequences of a failure to fulfil the obligations arising from the lending contract. 32. Before the consumer is committed lending contract or offer, credit, credit intermediary or a representative of the credit intermediary, based on the information provided to the consumer for your own needs, financial situation and needs, without undue delay and free of charge, provides consumers with a personalized information needed to compare different offers, measure their impact and make a conscious, informed decision on conclusion of the agreement on the credit. 33. The provisions referred to in paragraph 32 the personalized information is provided pursuant to the provisions contained in annex 2 European standardised information form, on paper or on another durable medium. All such information should be equally visible. Credit, credit intermediary or a representative of the credit intermediary is complied with the information requirements pursuant to this paragraph and the provisions on distance contracts for financial services in specific information of consumers of financial services before the distance contract if he has provided consumer information under that form before lending to the conclusion of the contract. 34. Other information that is not specified in annex 2 of these provisions included in the form and by the credit, the credit intermediary or the credit intermediary's representative to the consumer, shall be entered in a separate document, which shall be annexed to these rules in the form included in Appendix 2. 35. If the consumer is asked for, which is binding on the employer, it provided credit on paper or on another durable medium, adding this provision listed in annex 2 of the form, if it is issued in advance or offer the consumer characteristics different from the previously issued information specified in the form. 36. If the consumer is asked for, which is binding on the employer, credit, credit, credit intermediary or a representative of the credit intermediary offers free service to the consumer lending copies of the draft Treaty.
37. If the means of communicating with the consumer voice telephony is used according to the rules on distance contracts for the provision of financial services, financial services in the nature of that is to be in accordance with those rules, shall include at least the provisions of annex 2 of part 1 of 3, 4, 5, and 6. the information referred to in paragraph 1. 38. In order to enable consumers to assess the proposed lending agreement and additional services offered by the fitness of his needs and financial situation, credit, credit intermediary or a representative of the credit intermediary to the consumer's request, explaining the consumer information to be provided to the consumer in accordance with this chapter and annex 2, as well as the major characteristics of the services offered and the consequences of your use of the services could lead to consumer, including the consequences of informed resulting contract or without proper execution. 39. If the credit contract is offered together with the additional services, the consumer must provide information about whether each additional service contract can be terminated separately, as well as following the termination of the effects on the consumer. 40. The credit intermediary or the credit intermediary's representative to the consumer, this provision of the information referred to in chapter XIV. Vi. Information about excess credit, members of the Organization of the benefit of the credit contracts concluded and lending contracts the original lending commitments, the contract be provided to the consumer prior to the conclusion of the contract the lending 41. Before the consumer is committed lending agreement or offer concerning a credit agreement for overshoot, which is to be repaid on demand or within three months, as well as the rules referred to in paragraph 44 of the lending agreements, credit or the credit intermediary based on the credit of the credit terms and conditions and consumer preferences and the information, if the consumer has provided such timely provides the consumer with the information needed to compare different offers and make an informed decision on the conclusion of the agreement on the credit. 42. This provision of the information referred to in paragraph 41 shall specify: 42.1. the type of credit; 26.2. the grantor and, if the credit intermediary is involved, the credit intermediary's name, registration number, registered office, and the actual service delivery address, if different from the legal. If the credit intermediary concerned is a natural person, indicating name, surname, residential address declared and actual service address; 26.3. the total amount of credit; 26.3. the lending contract period; 26.4. the borrowing rate, the conditions governing the application of that rate, the base rate applicable to the initial borrowing rate, crediting the conclusion of the contract the applicable costs and the conditions under which those costs may change if change is cost; 26.5. the annual rate of interest, reflecting the considered example, specifying all these rates assumptions used for the calculations; 26.5. lending termination order; 26.6. excess of credit contracts, which must be repaid on demand or within three months, an indication that consumer demand at any time, may be asked to repay the amount of credit in full, if this condition is true for the specific credit; 26.7. arrears and the procedures for their implementation, as well as liquidated damages or other compensation for non-performance (if applicable); 42.10. consumer rights under the consumer protection act immediately and free of charge, to be informed about the use of the database to evaluate a consumer's ability to repay the loan; 42.11. excess of credit contracts, which must be repaid on demand or within three months, the information about the costs applicable from the moment of conclusion of the contract and the conditions under which those charges may be changed (if the change is allowed costs); 42.12. period during which the pre-contractual information the employer is bound by the credit (if applicable). 43. This provision of the information referred to in paragraph 42 of these rules provide appropriate annex 4 contained in the standard European consumer credit information form on paper or on another durable medium. All such information should be equally visible. Credit the employer has complied with the information requirements pursuant to this paragraph and the provisions on distance contracts for financial services in specific information of consumers of financial services before the distance contract if he has provided consumer information under that form. 44. the lending agreements concluded between the members of the Organization, as well as the benefit of credit agreements in which the credit provider and the consumer agree on a repayment order, if the consumer has not fulfilled the original credit agreement, and this avoid possible court proceedings for consumer lending obligations laid down in the Treaty, as well as the consumer would not thereby be subject to terms less favourable than those laid down in the initial credit agreement, the consumer in addition to the provisions referred to in paragraph 42 information specify such information : 44.1. the payment amount, number and frequency of payments to be made by the consumer, as well as the order in which payments will be allocated to different outstanding balances charged at different borrowing rates (if such arrangements are fixed); 44.2. the right of early repayment, and information on the grantor's right to compensation and the arrangements for fixing the refund in accordance with the provisions of paragraph 101 (if any). 45. If the means of communication between the grantor of credit and the consumer uses the voice telephony and consumer requests an immediate credit exceeded availability, characteristics of the financial service shall include at least the following rule 26.3, 26.4, 26.5 and 26.6... the information referred to in point. This information is also provided on the credit of the excess credit, to be repaid within one month. The rules referred to in paragraph 44 of the lending agreements, in the additional characteristics also include lending contract period. 46. If the contract is concluded by the consumer's request using a means of distance communication which does not enable providing the information in accordance with this provision, 41, 42, 43 and 44., grantor immediately after the conclusion of the contract of credit provides consumers with information about the lending agreement in accordance with Chapter VIII of these rules, in so far as it is applicable. 47. the employer on request by the consumer lending issued free of charge a copy of the draft Treaty, which includes the information in accordance with Chapter VIII of these rules, in so far as it is applicable. This paragraph shall not apply if the grantor at the time of the request unwilling to proceed to conclude a contract with a consumer credit. VII. Counselling services sliding requirements 48. Counselling shall be made only in credit management, credit intermediaries or credit intermediary. Credit, credit intermediary or a representative of the credit intermediary before naming the Council or, where appropriate, before the conclusion of the contract for the naming service provision clearly inform the consumer as to whether the consumer is provided or can be provided by the Council, as well as free of charge shall provide such information as additional information these provisions in chapter IV, V or VI of the pre-contractual information – on paper or on another durable medium : 29.9. or tip will be prepared to consider only credit management, credit or the credit intermediary's representatives offered the same lending services or consider a wide market lending services to the consumer will be able to understand what is based this advice; 48.2. the fee consumers pay for advice going, if there is a specific, or its method of calculation, if at the time of providing the information that amount cannot be determined. 49. credit management, credit intermediaries or representatives of credit intermediary obtains the necessary information on the situation in the consumer's personal and financial situation, his desires, and goals, in order to recommend the appropriate lending agreements. The following assessment is based on a specific period according to the updated information, and shall take into account the reasonable assumptions about the risks in the proposed consumer credit contract period. 50. credit management, credit intermediaries, which are attached to only one employer, one credit credit's group of credit grantors or their groups, which do not represent major lending service market share (hereinafter referred to as the associated credit intermediaries) or credit intermediary concerned representatives consider enough in its lending services available in credit contracts and recommends from those consumers needs, financial situation and personal situation appropriate lending contract or more appropriate lending agreements. 51. Credit intermediaries or credit intermediary which are not regarded as credit intermediaries linked to this provision within the meaning of paragraph 50, consider taking a sufficiently large market lending agreement and recommends that from the available credit market contracts consumer needs, financial situation and personal situation appropriate lending contract or more appropriate lending agreements. 52. credit management, credit intermediaries or representatives acting as credit intermediaries in the interests of consumers, getting information about the consumer's needs and circumstances and suggesting appropriate lending contracts, and issue a recommendation provided to the consumer record, recorded on paper or on another durable medium. 53. The credit, the credit intermediary or the credit intermediary's agent warns consumers when the financial situation of the consumer credit agreement can pose particular risks for the consumer. 54. the term "independent counselling", "independent" Council or equivalent, if allowed to use the credit, the credit intermediary or the credit intermediary's representative consider sufficient lending contracts available on the market and shall receive no remuneration for this counselling service from one or more of the credit. 55. The provisions of this chapter do not affect the grantor of credit, a credit broker or credit intermediary agents to provide explanations on the information to be provided to the consumer in accordance with the requirements of this regulation.
VIII. Lending agreement 56. information appearing on the lending agreement clearly and concisely indicate (if specific types of credit agreements unless otherwise specified): 56.1. the type of credit; 56.2. credit and, if involved in a credit intermediary, the credit intermediary's name, registration number, registered office, consumer and its address. If the credit intermediary concerned is a natural person, indicating name, surname, residential address declared and actual service address; 56.3. lending contract period; 56.4. the total amount of credit and the drawdown; 56.5. product or service and its price, if in accordance with the lending agreement granting a loan form of deferred payment for a specific good or service, or for concluding a contract related lending; 56.6. the borrowing rate, the rules that determine the application of the borrowing rate, the base rate of interest, if any are applicable to the initial borrowing rate, and loan rate periods, rules and procedures. If your loan, depending on the circumstances, different borrowing rates, the lending agreement specifies that information about all the applicable rates; 56.7. annual percentage rate of charge and the total amount payable by the consumer and the credit at the time of conclusion of the contract, indicating the assumptions used in calculating the annual percentage rate; 54.1. the payment of the amount, number and frequency of payments to be made by the consumer, as well as the order in which payments will be directed to different outstanding balances charged at different borrowing rates (if applicable); 56.9. the rights of the consumer lending at any time during the term of the contract, upon request and free of charge to receive the account statement with the credit repayment table on paper or on another durable medium, agreed between the parties in the agreement, if the credit lending contract States the total amount of the loan repayment deadline. Credit repayment table showing the payments to be made by the consumer, the periods and rules. The table includes each transcript for credit payment of refund to reflect the total amount of credit repayment, interest calculated on the basis of the borrowing rate and additional costs, if any, for lending agreement. If the interest rate is not fixed or under contract by crediting the extra cost can be changed, the repayment of the credit clearly and concisely in the table indicates that the data given in the table are valid only until the next change in the borrowing rate or the additional costs of modification in accordance with the lending contract; 55.25. statement indicating the the borrowing rates and the associated one-time costs recurring and repayment periods and rules, where, under the contract, the cost of credit and interest repayment, repayment of the total amount of credit; 56.11. If the contract provides optional credit account, charges for maintaining one or several accounts, which are used to make payments to the drawdown of the operation and for registration, stating the payment instruments and payment of costs and the withdrawal of credit and any other costs deriving from the credit agreement and the conditions under which those charges may be changed; 56.12. lending arrears at the time of conclusion of the contract and the application procedures and penalties, or other compensation for non-fulfilment of contractual obligations or not properly performed (if any); 56.13. payment information about the consequences of not taking; 56.14. obligation to pay notarial fees (if such are provided); 56.15. provisioning and insurance (if necessary); 56.16. information about the right of withdrawal from the credit agreement, the period during which the right of withdrawal may be used, and the other provisions of the conditions of use, including information on the consumer's obligation to repay the loan received the loan amount and the interest in accordance with the consumer protection law, as well as the percent of days payable; 56.17. information about consumer protection law laid down in article 31 of the consumer's claims in connection with consumer lending for the purchase of goods or services, as well as the conditions for the exercise of this right; 56.18. information on the right to early repayment of the credit, the procedure for early repayment, as well as information on the grantor's right to compensation and the arrangements for fixing the refund in accordance with the provisions of paragraph 101 (if any); 56.19. procedures to be followed when exercising the right to terminate the contract of lending; information about existing 56.20. extrajudicial dispute resolution mechanism and its use of consumer options (if any); 56.21. other terms and conditions of contract (where provided); 56.22. the supervisory authorities of the name and address. 57. This provision 56.9. in the case referred to in point credit partners credit at any time during the term of the contract, the consumer shall be issued free of charge account statement credit repayment in the form of a table. 58. lending agreement under which payments made by the consumer do not immediately redirects the repayment of the total amount of credit, but are used for the accumulation of capital in accordance with the lending agreement or amendment of certain time periods and conditions of the credit to that rule 56. information referred to in paragraph 1 shall include a clear and concise statement that such credit agreements do not guarantee under the contract issued by crediting the total amount of credit repayment, unless such a guarantee is given. 59. The agreement on the excess credit that must be repaid on demand or within three months, clearly and concisely: 59.1. type of credit; 59.2. the grantor and the credit intermediary's name, registration number, registered office, consumer and its address. If the credit intermediary concerned is a natural person, indicating name, surname, residential address declared and actual service address; 59.3. lending contract period; 59.4. the total amount of credit and the conditions of use; 59.5. the borrowing rate, the rules that determine the application of the borrowing rate, the base rate of interest, if any, is applied to the initial borrowing rate, as well as the change in the borrowing rate, the conditions and the period of the agenda. If the excess credit different borrowing rates, the lending agreement shall specify the information referred to in all the applicable rates; 59.6. the annual percentage rate of charge and the total cost of the credit to the consumer, calculated lending at the time of conclusion of the contract. Lending agreement tells all the assumptions used for calculating the said rate under the consumer protection law, article 1 of the definition laid down in the "total cost of the credit to the consumer" and this rule 2.2. (a) and (6); 37.1. a statement that the consumer at any time at the request of the grantor may be asked to repay the amount of credit in full; 59.8. information about charges, applicable from excess credit in the conclusion of the contract and the conditions under which those charges may be changed. 60. the lending agreement, which provides that the consumer is required to repay the credit period not exceeding three months, and under which the use of the credit is required for the additional duty compared with the total amount of credit and lending contract period, indicates that rule 56.1 56.2 56.3,.,.,.,., 56.6 56.4 56.5.,.,., 56.12 54.1 56.11., 56.13., 56.18 56.14.,.,., 56.19 56.15., 56.20, 56.21. and 56.22. information referred to in as well as the total amount payable by the consumer. 61. the lending agreement, repayment of which backed by real estate or credit goal is to acquire or retain the right to real estate, indicates that rule 56.1 56.2 56.3,.,.,.,., 56.6 56.4 56.5 56.7 54.1,.,.,.,., 56.9 55.25 56.11.,.,., 56.12 56.13 56.14.,.,., 56.18 56.15 56.16.,.,., 56.21 56.20 56.19 and 56.22. information referred to in point. 62. the lending agreement, which concluded a consumer's credit as collateral in the possession of a thing and hold the consumer's responsibility is limited to the pledged thing noted that rule 56.1 56.2 56.3,.,.,.,., 56.6 56.4 54.1.,.,., 56.12 56.13 56.15 56.18 56.14.,.,.,.,., 56.21 56.20 56.19 and 56.22. information, referred to as well as the total amount payable by the consumer, specific characteristics of the security that ensure the identification, assessment and pledge the credit of the responsibility for the maintenance of securities lending for the duration of the contract by specifying the insurance company that insured the credit's civil liability for their acts or omissions resulting in damage to the credit of the mortgage deposited in accordance with this provision, paragraph 81. 63. lending agreement concluded by a member organization of the benefit, at least this rule 56.1 56.2 56.3,.,.,.,., 56.6 56.4 56.5 56.7 54.1.,., and 56.12. information referred to in point. 64. the lending agreement, in which the grantor and the consumer agree on a repayment order, if the consumer has not fulfilled the original credit agreement, and this avoid possible court proceedings for consumer lending obligations laid down in the Treaty, as well as the consumer would not thereby be subject to terms less favourable than those laid down in the initial credit agreement, the consumer shall specify at least the rule 56.1 56.2 56.3,.,.,.,., 56.6 56.4 56.5. , 56.7, 54.1., 56.9, 56.12. and 56.18. information referred to in point. However, if the credit agreement is subject to the provisions of the conditions referred to in paragraph 59, this provision only applies to paragraph 59. 65. If by the consumer and the grantor of credit contract for current account opening with the possibility that the consumer has the right to use funds which exceed the current balance in the consumer's current account or the excess credit granted contract for current account opening in addition to include information on the borrowing rate, the application of the provisions of this rate, the base rate applicable to the initial borrowing rate, crediting the conclusion of the contract the applicable costs and conditions under which those costs may change if change is cost. Such contracts that rule 56, 57, 58 and 59.. the requirements referred to in paragraph does not apply. 66. All amendments and additions to the contract for the loan in writing (on paper or on another durable medium), and signed by both parties, except for amendments arising from lending contractual loan rate change provisions of the consumer credit has informed these changes pursuant to this provision, or 90 91.94. point. 67. the consumer is obliged to pay only credit payments provided for in the Treaty. 68. lending agreement specified information should be equally visible. IX. Requirements applicable to consumer lending against pledge of movables 69. Lending service that's in store credit as security transferable by a movable thing and the consumer's responsibility is limited to the use of the mortgaged estate (hereinafter referred to as the pledge), authorised to provide only the building or the part of the building. Consumer lending against pledge of forbidden to organise temporary use, temporary and seasonal projects. 70. the employer must ensure the security of the deposited safe storage the storage facilities, providing such storage conditions to any unauthorised person from having access to mortgages. 71. The vault is in the same building with the customer service, and it is isolated from other facilities and customer service. The entrance to the store may be located in the customer zone access. 72. large pledge, it is not possible to physically store this provision in paragraph 71, the vault can store other specially equipped room which may be located in a separate building or parking lot, provides the storage conditions to any unauthorised person from having access to mortgages. Credit pledge of bulky storage site provides 24-hour security and video surveillance in accordance with paragraph 73 of these regulations. 73. the employer shall conclude one or more agreements with the security guard merchants who operate in accordance with the law of security activities, in order to ensure that the consumer lending service of the following conditions are fulfilled: 73.1. This provision referred to in paragraph 69 of the building or part of a building that is used to provide the service, a consumer lending against pledge of movables, including storage, is equipped with an automatic burglar and fire alarm equipment that is connected to the central security control, using no less than two different alarm transmission channels; 73.2. solid storage, customer service and entrance to the internal and external video surveillance via CCTV cameras and video footage in real time mode (video recording resolution should be no less than 520 TV lines, 25 frame per second each camera video with the original data stream no less than 184.25 Mbps, and the application of h.264/AVC/MPEG-4 part 10 standard video compression), providing equipment and video ierakstoš the safe preservation to prevent unlawful destruction. The video kept for at least a month, counting from the date of the video; 73.3. lending service delivery, acceptance and issuance of securities takes place in the security zone; 45.6. the provision of the service at the entrance room placed informational signs that warn consumers about video surveillance; 73.5. lending service space and storage facilities shall be equipped with alarm button, connected to the security guard's central security control. 74. it is prohibited to accept as a pledge case: 74.1. which credit the donor cannot provide it needs special storage conditions (temperature, light, humidity and other conditions), as the case may be; 74.2. which has been removed from the private circulation; 46.2. the circulation of which is limited; 74.4. which has destroyed or damaged things the manufacturer's identification number has been assigned or otherwise difficult or make impossible things. 75. the employer is obliged to verify the identity of the person from which the pledge is accepted. 76. the employer must ensure the security of the deposited records subject to the following conditions: 76.1. records must be made in electronic form, using the appropriate accounting program that provides: 76.1.1. secure data storage; 76.1.2. any operations carried out on the data (recording, edit, view, delete) history; 76.1.3. automatic generation of record number; 76.1.4. the attachment files, such as photographs and scanned document retention with a registration record; 76.1.5. user identification; 76.1.6. print the record; 76.2. If the electronic records are made locally (no data is transferred and stored online on a remote server, which provides data backup copy and remote access to the registry information), in addition to written records made using caurauklot, stamped log with numbered pages. 77. This provision in paragraph 76 that accounting system records the following data: 77.1. the consumer's name and identity document (ID code, identity document number); 77.2. closed lending contract number and date; 77.3. the total amount of credit; 77.4. the amount of the assessment of the securities; 77.5. a description of the securities, subject to the following conditions: 77.5.1. when credit's storage as a pledge are passed to the precious metals and articles thereof, shall indicate the type of precious metal, fineness, weight in grams (with accuracy 0.1 g), a case that provides a description of the identification, adding things photo; 77.5.2. If the loan's collateral is put into storage for precious or containing articles, records indicate the precious types and, if possible, the carat weight as well as the use of its identification, adding things photo; 77.5.3. other types of mortgage records indicate the name of the case, secured the manufacturer's assigned identification number, make, model, description, providing its identification, adding things photo; 77.6. payments made by the consumer in accordance with the lending contract; 77.7. mortgage redemption date or date of sale of the mortgage if the mortgage is being realized at the consumer's debt. 78. This provision, 77.1 77.2 77.3.,.,., and 77.4 77.5. data referred to in records system immediately after lending the conclusion of the contract. 77.6. These provisions referred to in the data records in the system immediately after receipt of payment by the consumer. 77.7. These provisions referred to data recorded in the accounting system immediately after mortgage redemption or sale of the security. 79. The provisions referred to in paragraph 77 the pledge of the records shall be stored for not less than one year from the date of redemption of the mortgage or not less than five years from the date of the sale of securities. 80. the employer is developing its storage the security identification systems that provide clear identification of securities pursuant to this provision in paragraph 76 above accounting entry and in the lending agreement concluded. 81. the employer is obliged to insure their civil liability for their actions or inaction resulted in the damage of the credit deposited for the pledge. This indemnity insurance liability limit for the insurance period may not be less than the credit's total amount of loans. X. additional requirements for lending contracts that provide a real estate or loan purpose is to acquire or retain the right to real estate lending agreement 82. offering or sale in one suite, together with various other financial services, if the contract is not consumer credit available separately, is prohibited. This prohibition does not apply to the offering of financial services to the consumer or his family (parents, grandparents, children and grandchildren, siblings, spouse): 82.1. payment account or savings account opening or maintaining an account, if the only purpose is to accumulate capital in order to repay the loan, the servicing of loans, share resources for credit or provide additional security for the loan in case of default; 82.2. the investment or private pensions acquisition or maintenance of the service, if such a service, which mainly offers the investor retirement income, also serve as additional security for the loan in case of default or as capital accumulation, to repay the loans, credits or served United features credit; 82.3. separate lending contracts with shared equity lending agreement, to receive credit. About shared equity lending contracts within the meaning of this provision considers the lending agreement that capital to be repaid based on contracts given a percentage of the value of real estate capital repayments or charge at the time; the lending contract 82.4. related insurance policies, if the grantor accepts insurance from other service providers, if this policy provides the same level of guarantee as policy, which has offered credit. 83. This provision in paragraph 82 that prohibition is not applicable in cases where the grantor, the supervisory authority can demonstrate that the service proposed in the Bill, compared with similar services, provide a clear benefit to the consumer, taking into account the availability of these services and the market price. 84. lending agreement may offer or sell in one suite, together with various other financial services, if lending agreement is available to customers on an individual basis. In this case, the credit contract can be offered to the consumer with different terms or conditions than if purchased together with additional services. 85. Where, in accordance with the lending agreement is assigned to a loan that the lending is the time of conclusion of the contract a loan in foreign currency, and if the lending contract period the total amount payable by the consumer, or the amount of regular payment differs by more than 20 percent, than it would be if it were applied to lending at the time of conclusion of the contract the applicable currency exchange rate between the currency and credit agreement in the currency of a Member State credit management provides the consumer with the right to convert the loan in an alternative currency in accordance with the lending agreement in the contract or use other lending solutions provided for in the contract exchange rate hedging. 86. The rules referred to in paragraph 85 of the alternative currency in accordance with the lending agreement the agreement may have one or both of the following currencies: 53.5. currency in which the consumer at the time when the consumer's ability to repay the credit in the last evaluation, receive most of the income or assets from which the credit is repaid; 86.2. European economic area Member State, which was the residence of the consumer lending at the time of the conclusion of the contract or in which he has his habitual residence. 87. The exchange rate, followed by the rules referred to in paragraph 85 converter is the market exchange rate in force on the day on which the conversion is made, if the credit agreement provides otherwise. 88. If the consumer is granted the loan, lending at the time of conclusion of the contract is a loan, lending in foreign currency during the period of the agreement, the loan originator on paper or other durable medium on a regular basis (but not less than annually) warns consumers at least if the total amount payable by the consumer, or the amount of regular payment differs by more than 20 percent, than it would be if it were applied to lending at the time of conclusion of the contract the applicable currency exchange rate between the currency and credit contracts in national currency. The alert, the consumer shall be informed of the total amount paid by the consumer, increase, where appropriate, outlining rights require the loan conversion alternative currency and the conditions in the contract, in accordance with the credit agreement, or the rights to use other lending solutions provided for in the contract exchange rate hedging. 89. Information to the consumer on the measures applied in accordance with this provision, the 86.85, 87 and 88, paragraph. free provides this provision in annex 2 European standardised information form and a loan agreement. If the lending contract provides to limit Exchange-rate risk for which the consumer is exposed to when Exchange rate fluctuations do not exceed 20 percent, European standardised information form included in the illustrative examples on the impact of exchange rate fluctuations on 20 percent. 90. If the credit agreement is with the variable interest rate, the base interest rate (Libor, Euribor or others) used to calculate the rate for borrowing, it is clear, accessible, objective and verifiable lending agreement parties and the competent authorities. Historical records about the base interest rates for borrowing rates, kept either persons who establish these rates or credit management. XI. Informing the consumer of the 91. If the lending employer credit in the contract law to amend the borrowing rate, the lending contract period of credit individually shall inform the consumer of any change in the borrowing rate for one month before the date of entry into force if other legislation or agreement, unless otherwise defined in the longer term. The following information shall be provided in writing or on another durable medium, for which the grantor has agreed with the consumer, giving information about the amount of payments by borrowing rates for the entry into force of the changes, as well as information on changes in the number and frequency of payments. 92. If the change in the borrowing rate stems from changes in the base interest rate (Libor, Euribor or others), and information about new loan rate variable part is publicly available, including on the premises of the employer credit, lending agreement, the parties may agree that the information provided to the consumer periodically according to the lending contract deadlines. In the case of credit contract repayment secured by real estate or credit goal is to acquire or retain the right to real estate, the information shall also be notified to the individual consumer with the regular payment of the new. 93. If, in accordance with the conclusion of the credit contract repayment secured by real estate, or credit, the aim of which is to acquire or retain rights to real property, the change in the borrowing rate is fixed on the capital markets the auctions and for this reason it is not possible to credit the employer to inform the consumer of any change to the borrowing rate, before it enters into force, the employer before the credit auction on paper or on another durable medium in due time inform the consumer about the upcoming procedure and specifies the how it might affect the borrowing rate. 94. In the case of excess credit agreement, the credit grantor will regularly inform the consumer statement of account, on paper or on another durable medium, agreed between the parties in the agreement on lending: 94.1. the precise time period covered by the account statement; 94.2. removed the credit amounts and the date thereof; 58.6. the previous account statement and the date of the balance sheet; 94.4. new balance; 94.5. consumer payment dates and amounts; 94.6. the borrowing rate applied; 94.7. any eligible costs; 58.9. the minimum amount payable, if one is specified. 95. in addition to the provisions laid down in paragraph 94 of the excess credit during the period of the agreement, the credit grantor shall inform the individual consumer as the borrowing rate or in accordance with the lending contract cost increase to be paid one month before the date of entry into force if other legislation or agreement, unless otherwise defined in the longer term. The following information shall be provided on paper or on another durable medium, for which the grantor has agreed with the consumer. The excess credit agreement the parties may agree that the information provided to the consumer in paragraph 94 of these provisions in the order, if the change in the borrowing rate stems from changes in the base interest rate (Libor, Euribor or others), and information about new loan rate variable part is publicly available, including the grantor's premises. 96. If by the consumer and the grantor of credit contract for current account opening with the possibility that the consumer has the right to use funds which exceed the current balance in the consumer's current account or the excess credit granted to the consumer credit provider regularly provide information on the borrowing rate, the application of the provisions of this rate, the base rate applicable to the initial borrowing rate, crediting the conclusion of the contract the applicable costs and conditions under which those costs may change if change is cost. This information shall be provided on paper or on another durable medium. 97. In the case of credit contract under which the employer credits silent agreed that the consumer use the funds which exceed the current balance in the consumer's current account or the excess credit granted significant exceedance event, lasting more than one month, the grantor shall inform the consumer without delay (on paper or on another durable medium) for the amount of the excess, the applicable borrowing rate and any applicable penalty or other compensation for non-performance of contractual obligations, or the improper performance of , costs, or interest on arrears. 98. If the credit grantor assigns the claims arising from the credit agreement, to a third party, the grantor shall inform the consumer about the assignment, except if the original credit, employer who has entered into an agreement with the assignee, continues to service the credit to the consumer or the lending contract concluded, in accordance with the credit of tacit consent that a consumer uses the funds which exceed the current balance in the consumer's current account or the excess credit granted. XII. early repayment of credit. it is the responsibility of the consumer 99 pay interest and taxes only for the period during which the consumer has fully settled its credit obligations under the credit agreement. 100. For the exercise of the right to meet credit obligations before the due date the consumer shall inform the grantor of credit. The parties are entitled to agree lending agreement on the period within which the consumer must make credit management information. 101. the employer is not entitled to claim compensation on credit obligations before the due date, except that rule 107, paragraph 102 and specific case. 102. If the loan is repaid in advance during the period in respect of which the lending agreement has fixed borrowing rate, the credit grantor is entitled to fair and objectively justified compensation for possible costs directly linked to early repayment of credit. Such compensation may not exceed: 102.1.1% of the loan amount that is repaid early, if the period of time between the early repayment and credit contract the day of expiry of up to one year; 102.2.0.5% of the loan amount that is repaid early, if the period of time between the early repayment and the lending contract expires in less than one year. 103. the employer is not entitled to require the provision of paragraph 102 of that compensation for early repayment if: 103.1. amount repaid before the expiry of the 12-month period does not exceed euro 9960; 103.2. repayments made under an insurance contract intended to guarantee repayment of the loan; 103.3. repayments made under the credit agreement for overshoot; the repayment period was 103.4., for which no fixed borrowing rate. 104. the compensation required in accordance with the provisions of paragraph 102, shall not exceed the amount of interest the consumer would have paid during the period between the early repayment and the agreed date of carrying out the lending contract expiration day. 105. This rule 102.103.104, and the requirements referred to in paragraph do not apply to credit contracts: 105.1. concluded a credit deposited as collateral's candidate for a real thing and the consumer's responsibility is limited to the mortgaged estate Affairs; 105.2. which provides that consumer credit has to be repaid within a period not exceeding three months, and under which the use of the credit is required for the additional duty compared with the total amount of credit and lending contract period; 105.3. which credit and consumer agree on a repayment order, if the consumer has not fulfilled the original credit agreement, and this avoid possible court proceedings for consumer lending obligations laid down in the Treaty, as well as the consumer would not thereby be subject to terms less favourable than those laid down in the original consumer lending agreement. 106. In the case of credit agreement with repayment secured real estate or credit goal is to acquire or retain the right to real estate, credit management immediately after receipt of the request by the consumer free of charge provide the consumer information (on paper or on another durable medium) needed for early repayment of credit consideration. This information to calculate the impact that the consumer brings his obligations before the credit agreement expires, and clearly outline all used assumptions. All the assumptions used are proportionate and reasonable. 107. In the case of credit agreement with repayment of real estate, or the purpose of the loan is to acquire or retain the right to property and right to use the consumer credit obligations before the due date of the credit pārkreditācij to another employer, the consumer may be required to only reasonable and proportionate compensation for the direct expenses related to the pārkreditācij, if any occurred. If the grantor requires compensation in accordance with the provisions of paragraph 102, the compensation referred to in this paragraph do not apply. XIII. Open-ended lending 108. termination of the contract the consumer shall have the right in accordance with the procedure laid down in the Treaty, free of an open-end credit agreement at any time, unless the parties have agreed on a period of notice. Such a period may not exceed one month. 109. If agreed in the credit agreement on the lending employer is entitled: 109.1. in accordance with the procedures laid down in the Treaty of an open-end credit agreement, at least two months in advance by submitting a notice to the consumer on paper or on another durable medium, agreed between the parties in the contract the lending; 109.2. objectively justified reasons terminate the consumer's right to use an open-end credit agreement, if possible, before or immediately after the cessation of informing the consumer of such termination and the reasons for it on paper or on another durable medium, agreed between the parties in the contract, credit unless the provision of such information is prohibited by other directly applicable European Union legislation or other legislation of the European Union, in accordance with the Treaty on the functioning of the European Union to be implemented in national law, or is contrary to objectives of public policy or public security. 110. the requirements referred to in this chapter do not apply excess credit that must be repaid on demand or within three months, and lending contracts, under which the employer credits silent agreed that the consumer use the funds which exceed the current balance in the consumer's current account or the excess credit granted. XIV. The credit intermediary and credit intermediary's obligations of the representative 111. Credit intermediary in advertising and documentation intended for consumers the extent of his power point, as well as whether he works with one or more employers or credit acts as an independent broker. 112. The fee payable by the consumer to the credit intermediary for his services provided (if any is payable), the mediator shall notify the consumer, and the consumer and the credit intermediary on paper or on another durable medium shall be agreed before lending to the conclusion of the contract. 113. The fee payable by the consumer to the credit intermediary for his services provided (if any is payable), the credit intermediary shall notify the employer of the credit, to be able to calculate the annual percentage rate of charge. If the credit intermediary receives a fee from the consumer and in addition receive a Commission for their services from the grantor or third parties, the credit intermediary shall explain to the consumer, or this will be or will not be partly or fully credited to the Commission. 114. The provisions of chapter IV, V and VI shall not apply to manufacturers, sellers or service providers, acting as credit intermediaries in an ancillary capacity. In this case, the credit is the responsibility of the employer to ensure that the consumer receive these provisions in chapter IV, V and VI to the specified information to be provided to the consumer prior to the conclusion of the contract. 115. The credit intermediary or representative as credit intermediaries who offer consumer credit repayments secured by mortgage on immovable property or the purpose of which is to acquire or retain the right to real estate, in the time before the credit intermediation activities free of charge providing at least the following information to the consumer on paper or on another durable medium: 115.1. the credit intermediary's name, registration number, registered office and the effective provision of the service address If different from the registered office. If the credit intermediary concerned is a natural person, indicating name, surname, residential address declared and actual service address; 115.2. registry that contains, where applicable, the registration number and the means of verifying such registration; 115.3. information on whether the credit intermediary is attached, or only one or more of the grantor of credit, including their names, the grantor of credit on behalf of which it acts. Credit intermediary may communicate that it is independent, if it follow that rule in paragraph 54 above; 115.4. information on whether the credit intermediary offers counselling services; 115.5. fees, if any, which the consumer pays the credit intermediary for his services or, if it is not possible to determine the method of calculating this fee; 115.6. procedures to consumers or other interested persons internally to register complaints about credit intermediaries and, where appropriate, the possibility of having recourse to extrajudicial dispute resolution and redress procedures; 115.7. information on commissions, or other remuneration, if any, and the amount for which a credit provider or third parties to pay the credit intermediary for his services in connection with the credit agreement. If at the time of the provision of information, this sum is unknown, the credit intermediary shall inform the consumer of the fact that the actual amount will be indicated in annex 2 of these provisions included in the European standardised information form at a later stage. 116. Credit intermediaries who are not regarded as credit intermediaries linked to this provision within the meaning of paragraph 50, but who receives commissions from one or more grantors of credit in connection with the repayment of credits secured by mortgage on immovable property or the purpose of which is to acquire or retain rights to real property, on request by the consumer free of charge, provides information on the differences in the amount of the commissions, which are paid in different loan partners that lending agreements are offered to the consumer. The consumer is informed of the right to request such information.
XV. Closing questions 117. Be declared unenforceable in the Cabinet of Ministers of 28 December 2010, Regulation No 1219 "rules on consumer crediting" (Latvian journal, 2011, 2012, 2 No; 110. no; 2013, 127., 188. nr.). 118. Chapter V apply these provisions by 1 January 2017. 119. the rules shall enter into force on 1 November 2016. Informative reference to European Union directives, the regulations include provisions resulting from: 1) of the European Parliament and of the Council of 23 April 2008. Directive 2008/48/EC on credit agreements for consumers and repealing Council Directive 87/102/EEC; 2) Commission on 14 November 2011-2011/90/EU directive amending European Parliament and Council Directive 2008/48/EC, annex I, part II, defining additional assumptions for the calculation of the annual percentage rate; 3) the European Parliament and of the Council on 2014 4 February 2014/EU directive on consumer credit agreement 17/in connection with the housing estate and the amending of Directive 2008/48/EC and the 2013/36/EU and the Regulation (EU) no 1093/2010 Prime Minister Māris kučinskis Deputy Prime Minister, Minister of economy of 1. Ašeraden Arvil annex Cabinet 25 October 2016. Regulations No 691 annual percentage rate calculation method for 1 Basic determining the annual interest rate expressed in the equivalence and the period between the existing loan, on the one hand, and the total existing repayment and cost value, on the other hand, is this: where X-the annual percentage rate of charge;
m – the cost of the total number of credit;
k – the specific costs of the credit sequence number, so £ 1 k to £ m; Ck-k of credit payable;
TK-interval, expressed in years and fractions of a year between the first credit payment date and each of the next credit tranche, so t1 = 0;
m ' – repayment or payment of the cost of the total number;
l-a specific payment or cost payment sequence number;
DL-payment or payment of costs;
SL-interval, expressed in years and fractions of a year between the date of the first drawdown and repayment of each loan payment or the cost payment date. 2. the calculation of the annual percentage rate of charge, the following shall be taken into account: 2.1. amounts paid by both parties at different times may vary, and they can be paid in different time intervals; 2.2. the interest rate calculation start date is the first day of the part of the cost of the credit; 2.3. intervals between dates used in the calculations, find in years or in fractions of a year, about a year assuming 365 days a year with the standard (or 366 days for leap years), 52 weeks or 12 equal months (the same month have 30.41666 days (365/12) regardless of whether it is a leap year). If the lending agreements concluded for the acquisition of immovable property or whose repayment is secured by mortgage on immovable property, the time intervals between dates used in the calculations, cannot be expressed in weeks, months or years as a whole number, the interval shall be expressed in one of those periods as an integer with the number of days. If used daily: 2.3.1. number each day, including weekends and holidays; 2.3.2. equal periods and then back up to the number of days credit the original withdrawal date; 2.3.3. the duration of the period of days calculated by excluding the first day and including the last day, and is expressed in years, dividing this period with the full number of days in a year (365 or 366 days), counting backward from the last date to the same date in the previous year; 2.4. the result of the calculation to be expressed with an accuracy of at least one decimal place after the decimal point (if the second decimal is 5 or greater, the first decimal to round up); 2.5. this annex referred to in paragraph 1 of the annual percentage rate calculation equation can be modified using a single sum and the concept of flows (Ak), which will be positive or negative (either paid or received during periods 1 to k, expressed in years): that's – current flow balance. If the goal is to keep the flow of the equivalence, its value will be zero. 3. the calculation of the annual percentage rate of charge (excluding the annual interest rate of credit contracts concluded for the acquisition of immovable property or whose repayment is secured by mortgage on immovable property), you can use the following additional assumptions: 3.1 if the lending contract granted to the consumer freedom of drawdown, the total amount of credit shall be deemed to be drawn down immediately and in full; 3.2. If the credit agreement, the consumer freedom of drawdown in General, but different ways of drawdown for a restriction on the amount and period of time, the total amount of credit shall be deemed to be drawn down in the past by crediting date and in accordance with the drawdown limits; 3.3. If the credit agreement is for the different ways of drawdown with different charges or borrowing rates, the total amount of credit shall be deemed to have been removed with the highest charge and borrowing rate applied to the most common types of credit costs to a particular lending contract; 3.4. the excess (overdraf) lending agreements the total amount of credit shall be considered paid in full and for the whole lending period specified in the contract. If the lending contract duration is determined, the annual percentage rate is calculated on the assumption that the credit must be repaid within three months; 3.5. an open-ended lending contracts (excluding excess (overdraf) credit agreements), which do not have a time limit and according to which the credits or after a certain period of time should be repaid in full, but at the back they can remove, the annual percentage rate is calculated assuming that: 3.5.1 the credit is granted for a period of one year from the original date of withdrawal, and the customer may delete the last payment of the total amount of credit, interest and other charges balance; 3.5.2. the consumer shall repay the total amount of credit, making the same monthly payments, repayment starting one month after the original date of drawdown. However, if each payment period the total amount of credit to be repaid in a single payment in full, assumes that all future credit total withdrawal and repayments by consumers, takes place during the year. Interest and other fees apply according to the total amount of credit and refund and withdrawal in accordance with the credit agreement; 3.6. in the case of credit agreements (except for excess (overdraf) lending agreements and open-end credit agreements, referred to in this annex, point 3.5 and 3.4 in the assumptions) the annual interest rate for the calculation of the following conditions: 3.6.1. if unable to determine the date of the credit to the consumer or the total amount of the refund payment amount assumes that payments to former lending a date specified in the contract and the amount meets the minimum credit repayment amount fixed in the contract; 3.6.2. If lending is not known the date of conclusion of the contract, assume that the loan was first taken out day, corresponding to a shorter interval between the date of conclusion of the contract, and the date on which the consumer must make the first payment; 3.7. If, on the basis of the lending agreement or the assumptions referred to in 3.4 of this annex., 3.5., 3.6 and cannot determine the consumer's payment to the day or something, assumes that payment is to be made in accordance with the credit of the deadlines and conditions. If unknown, the annual percentage rate is calculated assuming that: 3.7.1. interest shall be released with the credit repayment of the total amount of the payment; 3.7.2. the payment of the fee, not interest payments and expressed as one sum, take the lending contract date; 3.7.3. the payment of the fee, not interest payments, and expressed as a number of payments to be made with the same regular intervals, starting from the first loan repayment of the total amount of payment, and, if the amount of such payments is not known, it is assumed that they are the same size; 3.7.4. the final payment is deleted, the likely total amount of credit, interest and other charges balance; 3.8. If the parties have not yet agreed on the maximum amount of the credit, to a maximum of 1500 euro is considered; 3.9. If individual lending for the period of the contract or the individual loan amount applied to the different interest rates and fees, the annual percentage rate calculation uses a higher interest rate and fees all lending for the duration of the contract; 3.10. the lending contracts that fixed borrowing rate is set only for lending the original of the contract at the end of the period during which a new borrowing rate is determined and further revised periodically according to the indicators agreed between the parties in the contract, the annual lending rate is calculated based on the assumption that a fixed borrowing rate period, the borrowing rate of the variable is the same as for calculating the annual percentage rate of the moment based on its index value in the period, for which the parties agreed to lending agreement. 4. the calculation of the annual percentage rate of the loan contracts concluded for the acquisition of immovable property or whose repayment is secured by mortgage on immovable property, can be used the following additional assumptions: 4.1 if the lending contract granted to the consumer freedom of drawdown, the total amount of credit shall be deemed to be drawn down immediately and in full; 4.2. If the credit agreement is for the different ways of drawdown with different charges or borrowing rates, the total amount of credit shall be deemed to have been removed with the highest charge and borrowing rate applied to the most common types of credit costs to a particular lending contract; 4.3. If the credit agreement, the consumer freedom of drawdown in General, but different ways of drawdown, a limitation provided for in relation to the amount and period of time, the total amount of credit shall be deemed to be drawn down in the past by crediting date and in accordance with the drawdown limits; 4.4. If the individual lending for the period of the contract or the individual loan amount applied to the different interest rates and fees, the annual percentage rate calculation uses a higher interest rate and fees all lending for the duration of the contract; 4.5. the lending contracts that fixed borrowing rate is set only for lending the original of the contract at the end of the period during which a new borrowing rate is determined and further revised periodically according to the indicators agreed between the parties in the contract, or the lending base interest rate (Libor, Euribor or other), the annual interest rate is calculated based on the assumption that a fixed borrowing rate period, the borrowing rate of the variable is the same as for calculating the annual percentage rate of the moment based on its index value in the period agreed between the parties in the contract, or the lending base interest rate (Libor, Euribor or the other), but not less than the fixed borrowing rate; 4.6. If the parties have not yet agreed on the maximum amount of the credit, for a maximum amount of € 170 000 is considered. Credit agreements the purpose of which is not to acquire or retain rights to real property, the excess credits, as well as deferred payment debit cards or credit cards to a maximum of 1 500 euro is considered (this presumption does not apply to credit agreements that serve as a guarantee for a single additional other transaction where the total amount of credit that is secured by real estate, use only if there was a contractual lending the event or events); 4.7. in the case of credit agreements (except for excess (overdraf) lending contracts, lending contracts with no fixed term or which must be repaid within 12 months and which the consumer uses as a temporary solution to the financing until it goes to another real estate financing scheme (temporary loans), shared equity lending contracts that reimbursed the total amount of the credit is based on the contracted percentage of the real estate value of the total amount of credit repayment or repayment of fees at the time of the , credit agreements that serve as a guarantee for a single additional other transaction where the total amount of credit that is secured by real estate, use only if there was a contractual lending the event or events, and open-end credit agreements, referred to in this annex 4.9, 4.10, 4.11, 4.12 and 4.13 in assumptions required) the annual percentage rate calculation is the following: 4.7.1. if unable to determine the date of the credit to the consumer or the total amount of the payment of refund that assumes that repayment to the lending agreement earlier on the specified date and the amount meets the minimum credit repayment amount fixed in the contract; 4.7.2. if unable to determine the time interval between the date of the initial drawdown of credit and consumer to the first payment date, it is assumed to be the shortest interval of time; 4.8. If, on the basis of the lending agreement or the assumptions referred to in this annex, 4.7, 4.9, 4.10, 4.11, 4.12 and 4.13, cannot determine the consumer's payment to the day or something, assumes that payment is to be made in accordance with the credit of the deadlines and conditions. If unknown, the annual percentage rate is calculated assuming that: 4.8.1. interest shall be released with the credit repayment of the total amount of the payment; 4.8.2. the payment of the fee, not interest payments and expressed as one sum, take the lending contract date; 4.8.3. the payment of the fee, not interest payments, and expressed as a number of payments to be made with the same regular intervals, starting from the first loan the total amount of the repayment date of the payment, and, if the amount of such payments is not known, it is assumed that they are the same size; 4.8.4. with the final payment is deleted, the likely total amount of credit, interest and other charges balance; 4.9. the excess (overdraf) lending agreements the total amount of credit shall be considered paid in full and for the whole lending period specified in the contract. If the lending contract duration is determined, the annual percentage rate is calculated on the assumption that the credit must be repaid within three months; 4.10 as regards lending contracts with no fixed term or which must be repaid within 12 months and which the consumer uses as a temporary solution to the financing until it goes to another real estate financing scheme (loan), the total amount of credit shall be considered paid in full and for the whole lending period specified in the contract. If the lending contract duration is determined, the annual percentage rate is calculated on the assumption that the credit has to be repaid within 12 months; 4.11. an open-ended lending contracts (excluding excess (overdraf) credit agreements and loan agreements that do not have a fixed term or which must be repaid within 12 months and which the consumer uses as a temporary solution to the financing until it goes to another real estate financing scheme (temporary loans)) or contracts that do not have a time limit and according to which the credits or after a certain period of time to repay in full but at the back they can remove, the annual percentage rate is calculated assuming that: 4.11.1. credit agreements the purpose of which is to acquire or retain the right to real estate, credit is granted for 20 years from the initial date of withdrawal, and the customer may delete the last payment of the total amount of credit, interest, and other fees (if any is provided in accordance with the contract of credit) balance. If the objective of the Treaty is not a credit to acquire or retain the right to real estate or lending contract, in the case of credit with deferred payment takes debit cards or credit cards, this period is one year; 4.11.2. the consumer shall repay the total amount of credit, making the same monthly payments, repayment starting one month after the original date of drawdown. However, if each payment period the total amount of credit to be repaid in a single payment in full, assumes that all future credit total withdrawal and repayments by consumers, takes place during the year. Interest and other fees apply according to the total amount of credit and refund and withdrawal in accordance with the credit agreement; 4.12. in the case of credit agreements that serve as a guarantee for a single additional other transaction where the total amount of credit that is secured by real estate, use only if there was a contractual lending the event or events, it is considered that the total amount of credit is removed completely as one amount not earlier than in one of the following deadlines: 4. later in the withdrawal date, which is permissible under the credit agreement What is the possible relationship or potential source of warranty; 4.12.2. pārjaunojam lending agreement – before the end of the initial period, the extension of the Treaty; 4.13. as regards shared equity lending contracts that reimbursed the total amount of the credit is based on the contracted percentage of the real estate value of the total amount of credit repayment or repayment at the time of execution of payments: payments to consumers 4.13.1 considered performed later date or dates that are permitted under the credit agreement; 4.13.2. takes the view that the real value of the property that provides the shared property of the lending agreement, and any agreement that the inflation index rate in percentage is the percentage that is equal to the highest current central bank's target rate of inflation or the rate of inflation in the Member State where the real estate is located in lending at the time of conclusion of the contract or, where those 0% percent are negative. Deputy Prime Minister, Minister of economy of Ašeraden of Arvil annex 2 Cabinet of 25 October, 2016. the Regulation No. 691 European standard lending contracts, purchasing real estate or lending contracts that ensure the repayment of the mortgage real estate 1. European standardised information sheet notes. 1) this news about the grantor of credit not required. 2) if the statement "if applicable", the credit provider must fill in the box if the information is relevant to the credit service, or delete the respective information or the entire column if the information in question does not apply to the type of credit. If you delete all the aisle, forms numbers adjusted accordingly. 3) indications between square brackets provide explanations for the employer, and its credit is replaced with the corresponding information. Additional explanatory notes for completing the form are found in paragraph 2 of this annex. 4) form information must be provided in one document by using legible letter size. Information element removal uses a bold print, shading, or larger font size. All applicable risk particularly stands out.
[Introductory text] this document is issued to the [consumer name] on [date], this document has been prepared for based on your submissions so far and the current situation in the financial market, the information set out below are valid until [expiration date] apart from (if applicable) interest rates and other costs. After this date, it may vary depending on the market situation (if applicable) this document does not impose [credit name of employer] obligation to provide you a loan of 1.   Credit provider [name, registration number] [phone] [legal address and the actual service delivery address (if different from legal)] [email] [Fax] [home] [contact/focal point] * (if applicable, information on whether the provided counselling services:) [(After your needs and circumstances, the evaluation we recommend you this mortgage/we will not recommend a particular mortgage. However, given your answers to certain questions, we informed you of this mortgage, so you can make your choice.)] 2. (if applicable) the credit intermediary [name, registration number (for person name)] [telephone number] [legal address and the actual service delivery address (if different from legal). Natural person – the declared and actual residence address service address] [email] [Fax] [home] [contact/focal point] * (if applicable, information on whether the provided counselling services) [(according to your needs and circumstances, the evaluation we recommend you this mortgage/we will not recommend a particular mortgage. However, given your answers to certain questions, we informed you of this mortgage, so you can make your choice.)] [Reward] 3. main features of the loan to be granted the loan amount and currency: [value] [currency] (if applicable) this loan is not [the borrower country's currency] (if applicable) your loan value [national currency of the borrower] may change (if applicable) for example, if [the borrower's currency] value is decreased by 20% in relation to the [credit currency], your loan value will increase to [insert amount in the national currency of the borrower]. Despite this, it can be greater if [the borrower's currency] value will fall by more than 20% (if applicable) the maximum value of your loan will be [insert amount in the national currency of the borrower]. (If applicable) You will receive a warning if the credit amount will reach [insert amount in the national currency of the borrower]. (If applicable) You will be able [to record the right to agree on the new loan in foreign currency or the right to convert the loan to [the relevant currency] and conditions] loan duration: [duration] [loan] [the applicable interest rates way] the total reimbursable amount: This means that you will have to repay the [amount of] busy [currency] (if applicable) [this loan/part of this loan] is a loan for which you pay only interest. Mortgage loan at the end of the period you will still owe [specify the amount of the loan for which you pay only interest] (if applicable) the value of property taken to prepare this information sheet: [insert amount] (if applicable) maximum available loan amount relative to the value of the property [insert relationship] or the minimum value of the property you need to get a loan for a specified amount of [insert amount] (if applicable) [support] 4.   The rate of interest and other costs annual percentage rate (APR) is the total cost of credit, expressed as a percentage per year. The GPL are shown, so you can compare different loan APRS applicable to piedāvājumusJūs is the [GPL] it includes: interest rate [about a percentage or, where appropriate, the indication of the base interest rate (Libor, Euribor or the other) and the employer further stated credit rate percentage] [other GPL components] One-time costs (if applicable) you will pay the fee for the registration of mortgages. [Insert the amount of the levy, if known, or of the basis of calculation] Regular charges (if applicable) The APR is calculated using assumptions about interest rates (if applicable) as [part of] your loan is a loan with a variable interest rate, the actual APR may be different from the GPL, if your loan's interest rate will change. For example, if interest rates rise to [scenario described in part B], the APR may increase up to [insert appropriate illustrative scenario the GPL] (if applicable) Please note that the APR is calculated based on the assumption that early interest rate fixed for the entire period of the contract remain unchanged (if applicable) the lender is not known for such costs, therefore they are not included in the GPL: [cost] (if applicable) you will pay the fee for mortgage registration, please make sure that you are aware of all other taxes and costs associated with your loan 5.   The frequency and number of payments repayment frequency: [frequency] number of Payment: [] 6.   Each part of the refundable amount of [amount] [currency] your income can change. Please consider whether the reduction in income you will still be able to take [frequency] payments (if applicable) as [this loan/part of this loan] is a loan for which you pay only interest, you will need to pay a separate [specify the amount of the loan for which you pay only interest], you would be in the mortgage debt at the end of the period. Don't forget to add extra payments you will pay in addition to the refundable portion specified here (if applicable) the rate of interest on the [part of this loan this loan/] can change. This means that your part of the amount repaid may increase or decrease. For example, if interest rates rise to [scenario described in part B], your payments could rise to [write a scenario under part of the amount to be recovered] (if applicable) and the amount that you pay [the borrower's currency], each [frequency of payment] subject to change. (If applicable) Your payments may increase up to [specify the maximum amount in the national currency of the borrower] every [insert time period]. (If applicable) For example, if [the borrower's currency] value falls by 20% in relation to [the currency in which a credit is issued], you will be charged in addition to [specify amount in the national currency of the borrower] every [insert period]. Your payment amount could grow even more (if applicable) the conversion rates of your [the credit currency] repayment made converter [national currency of the borrower] rate will be published by [name of the authority responsible for the exchange rate of publication] [date] or be calculated [date] through [insert criterion or calculation method name] (if applicable) [detailed information about the associated savings products and loans with deferred interest payments] 7.   (If applicable) Illustrative of This repayment schedule schedule shows the amount payable to each [frequency] Reimbursable portion (column [the No.]) where appropriate, the form of interest payments (column [no corresponding]), repayment of principal (box [no corresponding]) and, where applicable, other costs (column [the No.]). (If applicable) Costs under "other costs" refers to the [list of cost]. The capital outstanding (column [the No.]) is the amount of the loan, the remaining outstanding repayments after each part [table] 8.   Additional obligations for the loan with the credit conditions laid down, the borrower must fulfil the following obligations [responsibilities] (if applicable) Please note that this document sets out the terms of the loan (including interest rates) may change if these obligations are not fulfilled (if applicable) Please note the possible consequences that may result in connection with the loan provided for the termination of ancillary services at a later stage [the consequences] 9.   Early repayment you can make this loan, the full or partial early repayment (if applicable) [conditions] (if applicable) the fee for early repayment of the loan: [insert amount or, if this is not possible, the method of calculation] (if applicable) If you want to repay the loan before the deadline, please contact us to find out the appropriate amount of compensation applicable at the time of the early repayment of 10.   Flexible features (if applicable) [information about the transfer of obligations], you have the option of this loan transferred to another [the lender] or [property]. [Insert condition] (If applicable) You cannot do this loan transferred to another [the lender] or [property] (if applicable) additional features: [insert explanation of additional features listed in part B, and optionally for any of the other features that the lender offers as part of a lending agreement and not mentioned in the previous sections] 11.   Another borrower rights (if applicable) you have [the reflection time] by [a moment of reflection time begins] to rethink before assume obligations under this loan. (If applicable) When you have received from your lender lending contract, you can't approve it before [the reflection time] (if applicable) [duration of the period of withdrawal] of [the withdrawal period begins] you can exercise your right to cancel the contract. The [Condition] [Insert condition] (If applicable) You may lose the right to cancel the contract, if within that period you purchase or sell property that is associated with the lending agreement (if applicable) If you decide to use his right of withdrawal [to reject the contract of credit], we ask you to find out if you still have the other binding commitments for loans [including [referred to in section 8] ancillary services in connection with the Treaty] 12.   Complaints if you have a complaint, please contact [insert internal point of contact and source of information on procedure] (if applicable) the maximum period within which it must examine the complaint, is [time period] [(if applicable) [If you do not meet our internal solution regarding your complaint,] you can also contact: [insert the name of the foreign court does not in the present complaint and appeal submission] (if applicable) or you can contact FIN-NET network to find the equivalent authorities in your country contact information 13.   Loan default: effect of borrower [types of undertakings] [financial and/or legal consequence] If you have problems with your [frequency] payments, please contact us immediately in order to find possible solutions (if applicable) If you do not make payments, as a last resort, you can apply your housing disposal (if applicable) 14.   Additional information (if applicable) [indication of the law applicable to the credit agreement]. (If the lender intends to use a language other than that in which the prepared ESIL) Information and contractual terms will be [language]. If you agree, we will credit the period of the contract will get in touch [language (s)] [insert statement on the right to get the lending contract or, where appropriate, offer to get credit to the draft Treaty] 15.   Supervisor monitors These lenders [supervisory authority (s) name and Web address]. (Where appropriate) The credit intermediary the [supervisors name and Web address].
2. Instruction in the European standardised information sheet filled out in 2.1. Filling in the European standardised information sheet (ESIL), must comply with at least the following instructions: 2.1.1. "the introductory text" section 2.1.1.1. Expiration date properly distinguished. In this section, "expiration date" means the period during which the ESIL included information such as borrowing rates will remain unchanged and will be applied, if the grantor decides to grant credit during this period. If the applicable rates and other borrowing costs is dependent on the underlying bond sales results, the final borrowing rate and other charges may vary from the specified. Only if these conditions indicate that the expiration date does not apply to the borrowing rate and other charges, adding the phrase "regardless of the rate of interest and other costs". 2.1.2. "section 1.   2.1.2.1. "credit lender's name, phone number and address, refer to the contact information that the consumer can use the list below. 2.1.2.2. information about the email address, fax number, website and contact/focal point is optional. 2.1.2.3. In accordance with the provisions of Directive 2002/65/EC, article 3 when business offers from a distance, the credit shall, where appropriate, indicate the name of his representative, or the name and address of the Member State in which the consumer resides. The representative grantor phone number, e-mail address and home address identification not required. 2.1.2.4. If this annex does not apply 1. in point forms 2., grantor shall inform the consumer, whether they are offered counselling services and on what basis they are provided via this point 1 of the annex contains the forms to the wording in paragraph 1. 2.1.3. (if applicable) section 2.   2.1.3.1 credit intermediary ". If the information on the services provided to the consumer credit intermediary, the intermediary shall provide the following information: 2.1.3.1.1. credit intermediary name or first name, last name, phone number and address, refer to the contact information that the consumer can make use of the following list; 2.1.3.1.2. information about the email address, fax number, website and contact/contact point is not compulsory; 2.1.3.1.3. credit intermediary shall inform the consumer, whether they are offered counselling services and on what basis they are provided via this point 1 of the annex contains the forms to the wording in paragraph 2; 2.1.3.1.4. an explanation of the credit intermediary's remuneration. If it receives a Commission from the credit, the employer indicates the amount and, if the name or the first name and last name is different from the paragraph 1 of this annex in the form of credit referred to in paragraph 1 of the name. 2.1.3. "section 3.   Main features of "the loan 2.1.3.1. This section clearly explains the credit characteristics, including its value and currency, as well as the potential risks associated with borrowing rate, including 2.1.3.8. the depreciation referred to in, and the structure. 2.1.3.2. If the currency of the credit issued will differ from the national currency, the consumer credit company indicates that the consumer will receive regular warnings, at least in those cases, if the exchange rate fluctuates by more than 20%, or, where appropriate, the consumer is entitled to convert the loan agreement in another currency or to the possibility to agree on the conditions and any other procedure available to the consumer, in order to limit Exchange-rate risk. If the lending agreement contains a provision which intends to limit Exchange rate risks, credit the donor indicates the maximum amount, which the consumer might have to be repaid. If lending rules in the contract that intends to limit Exchange-rate risk to which the consumer is exposed to, the credit grantor gives an illustrative example of what would be the impact on the value of the credit when the consumer's national currency value reduced by 20% in relation to the loan currency. 2.1.3.3. The duration of the credit shall be expressed in years or months, choosing the best one. If the duration of the credit agreement may change over time, the grantor will explain when and under what conditions it can occur. If the loan is provided in support of, for example, credit card, credit for employer shall clearly indicate that fact. 2.1.3.4. Clearly the credit type (for example, mortgage loan, home loan, credit card). A description of the type of the credit clearly indicate what is credit time in principal and interest repayment schedule (i.e., the amortisation structure), and clearly specify whether lending agreement is based on the repayment of principal or interest payments only, or a combination of both types. 2.1.3.5. If all or part of the loan is a loan on which interest must be paid only at the end of this section, insert a prominent notice that clearly indicates this fact by using this point 1 of the annex contains the wording. 2.1.3.6. Explain whether the borrowing rate is fixed or variable, and, where appropriate, indicate the period in which the interest rate does not change, the subsequent interest rate review frequency and the borrowing rate fluctuation limits, such as maximum and minimum limits. Explain the formula used in the borrowing rate and its different components (such as the base rate, additional rate) for review. Credit shall also indicate, for example, through the home page, which contains more detailed information on the indicators used in the formula, or the rates, such as Euribor or the central bank's base rate. 2.1.3.7. depending on the circumstances, if different borrowing rates provide information on all applicable rates. 2.1.3.8. "total amount to be refunded to the consumer" is the total amount paid by the consumer. It shows how the total amount of credit and the total cost of the credit to the consumer. If the loan rate is not fixed for the entire duration of the contract, stresses that this amount is illustrative and may vary, in particular in relation to the change in the borrowing rate. 2.1.3.9. If the credit provides you with real estate mortgage or other comparable collateral, credit to the employer draws the consumer's attention. If applicable, indicate the employer credit accepted real estate or other security value used to prepare this information sheet. 2.1.3.10. If applicable, credit the donor indicates one of the following amounts: 2.1.3.10.1. the maximum available loan amount relative to the value of the property, specifying the loan relationship against the value of the property. Add to this the ratio expressed in absolute terms an indication of the maximum amount that you can borrow against the value of certain property; 2.1.3.10.2. property or the minimum value that the grantor requires the issue of a loan for a specified amount. 2.1.3.11. If the loan is a loan that consists of multiple parts (for example, while one part has a fixed interest rate to another part of variable interest rate), it reflects the nature of the credit claim and the necessary information provided for each part of the credit. 2.1.4. "section 4.   The rate of interest and other expenses "2.1.4.1. Reference to interest rates meet the borrowing rate or rates. 2.1.4.2. The borrowing rate indicates the percentage. If the borrowing rate is fixed and it is based on the base rate, the credit grantor may indicate the borrowing rate, indicating the base rate and the credit's addition to the specified rate. However, the grantor shall indicate the value of the base rate in force on the date of issue of the ESIL. If the borrowing rate is variable, provide the following information on the assumptions used in calculating the APR, if applicable, the applicable maximum and minimum thresholds and warning that the changes may affect the actual APR. 2.1.4.3. to attract consumers ' attention, the notice referred to in paragraph 2.1.4.2. text font size is bigger and it stands out in the main part of ESIL. In addition to the alert provides illustrative examples of the GPL. If there is a maximum limit in the borrowing rate, the assumption that the borrowing rate increase at the earliest opportunity, to the highest lending level provided for in the Treaty. If the borrowing rate, the maximum limit value is stated, the example displays the last 20 years the APR higher borrowing rates for the case, or if the data is calculated on the basis of the borrowing rate is available for a period that is shorter than 20 years, the longest period of time for which such data are available, based on any of the external base rate higher value used where appropriate for calculating the borrowing rate, or the rate benchmark higher value defined by the competent authority or EB, if credit is not used outside of the base rate. This requirement does not apply to lending agreements with the borrowing rate which is fixed a significant time in the initial period of several years, and then, the employer and the consumed credit agreement can be fixed to the next period. Lending agreements with the borrowing rate which is fixed a significant time in the initial period of several years, and then, the employer and the credit agreement, the consumer can be fixed to the next period, the information shall include a warning that the APR calculation is based on the original loan rate of the period. The warning accompanied illustrative APR calculated in accordance with the provisions of chapter II. If the loan is a loan that consists of multiple parts (for example, while one part has a fixed interest rate to another part of variable interest rate), the information provided for each part of the credit. 2.1.4.4. The section on "other GPL components" lists all the other costs included in the GPL, including one-off costs, such as administration fees and periodic costs (such as the annual administration fee). Credit management lists all costs according to categories (costs, payable at one time, costs, payable regularly and is included in the reimbursable portions, and the costs to be paid on a regular basis, but does not include refundable portions), indicating their amount, as well as who and when they become payable. It does not include costs incurred for infringements of the obligations of the Treaty. If the amount is not known, the credit provider gives an indication of the amount, if possible, and if this is not possible, how this amount will be calculated and specified that the specified amount is indicative. If certain costs are not included in the GPL, because they credit the employer is unknown, in particular. 2.1.4.5. where the consumer has informed the employer of the desired credit credit one or more components, such as the duration of the contract and credit the total amount of credit, the credit of these components are used if possible; If the lending agreement provides different ways of drawdown with different charges or borrowing rates and credit management uses this provision in paragraph 4 of annex 1 in the assumptions, it points out that This type of credit agreement other removal mechanisms can be applied to higher APRS. If the GPL were used for the calculation of the drawdown of the credit conditions focus on fees associated with other removal mechanisms, which are not always the same as used for the calculation of the APR. 2.1.4.6. If a mortgage or comparable security registration fee has to be paid, it should be noted in this section, be informed of the amount, if known, or if this is not possible, on the basis of amount calculated. If the payments are known and included in the APR, amount of payment and the entry under the heading "One-time cost". If the credit provider is not aware of the charges and therefore are not included in the GPL, that is such payment shall clearly state the cost of which is not known to the grantor. In any event, the use of this annex standartformulējum referred to in paragraph 1 under the appropriate heading. 2.1.5. section "5.   The frequency and number of payments 2.1.5.1. ". If payments are made on a regular basis, specify the payment frequency (e.g. monthly). In cases where regular payments are foreseen, it must be clearly explained to the customer. 2.1.5.2. The specified number of payments related to the whole duration of the credit. 2.1.6. section 6.   Each part of the sum to be repaid "2.1.6.1. Clearly state the currency and credit-refundable part of the currency. 2.1.6.2. If during the term of the credit refundable part of the amount may change, the grantor shall indicate the period during which the original referred to in subparagraph refunds the amount remains the same, as well as when and how often to expect changes after this period. 2.1.6.3. If all or part of the loan is a loan on which interest must be paid only at the end of this section, insert a prominent notice that clearly indicates this fact by using the wording specified in part (A). 2.1.6.4. If there is a requirement that the consumer must assume the savings linked to the product as a condition for obtaining a loan for which you pay only interest, and is secured by a mortgage or by another comparable security, specify the frequency of payments and the cost of the product. 2.1.6.5. If the borrowing rate is fixed, the information shall include a statement that you point to it, using the wording referred to in paragraph 1 and for example the maximum reimbursable amount of part. If there is a maximum threshold, the example displays the repayable amount of part, if the borrowing rate reaches the maximum limit. If the borrowing rate, the maximum limit value is stated, in the worst scenario, the debt level of the repayable portion of higher borrowing rates in the case of the last 20 years, or if the data is calculated on the basis of the borrowing rate is available for a period that is shorter than 20 years, the longest period of time for which such data are available, based on any of the external base rate higher value used by the relevant cases, the borrowing rate for the calculation of the If the benchmark rate the highest value defined by the competent authority or EB, if credit is not used outside of the base rate. Requirement to provide illustrative example does not apply to lending agreements with the borrowing rate which is fixed a significant time in the initial period of several years, and then, the employer and the consumed credit agreement can be fixed to the next period. If the loan is a loan that consists of multiple parts (for example, while one part has a fixed interest rate to another part of variable interest rate), the information provided for each part of the credit and the total amount. 2.1.6.6. (if applicable) if the currency in which a credit is issued, is different from the currency of the country of the consumer or if the loan is indexed in a currency different from the currency of the country of the consumer, credit, using the annex referred to in paragraph 1, the wording included in the numerical example that clearly shows how the change in the exchange rate can affect the refunds. This example is based on the consumer's national currency depreciation of 20% together with a highly visible indication that the repayable portion may increase on a larger amount than that specified in the example above. If there is a maximum limit, which limits the increase referred to less than 20%, instead, indicates the maximum value for consumer payments in the national currency and an indication of the likely increase in the future releases. 2.1.6.7. If the credit is fully or partially variable rate loan and must apply and section 2.1.6.4.2.1.6.3., 2.1.6.6. example referred to provides the basis referred to in paragraph 2.1.6.1. redeemable shares. 2.1.6.8. If the currency in which part repayment of a repayable differs from the currency of the credit or if each part of the repaid amount expressed in the national currency, the consumer depends on adequate amounts in different currencies, this section specifies the date on which the calculation of the applicable exchange rate and either the exchange rate or base, on the basis of which it is calculated, as well as the frequency of adjustment. If applicable, the following points shall include the name of the authority which is responsible for the exchange rate. 2.1.6.9. If the loan is a loan with deferred interest payments, for which the atmaksātaj parts are not fully repaid the interest on it, and which is added to the total amount of credit outstanding to the consumer to pay, provide an explanation for it: how and when the deferred interest payments are added to the monetary value of the credit and how does it affect the consumer as regards the residual duty. 2.1.7. section ' 7.   Illustrative schedule of repayment "2.1.7.1. This section is added, if the loan is a loan with deferred interest payments, what with the atmaksātaj parts are not fully repaid the interest due on it, which adds to the total outstanding amount of credit or if the borrowing rate is fixed for the entire lending agreement. If the consumer has a right to review the amortization schedule, this must be mentioned. 2.1.7.2. If during the term of the loan the borrowing rate may vary, the grantor shall indicate the period during which the original borrowing rates will remain unchanged. 2.1.7.3. to be included in this section are the following graphics aisle: "repayment schedule (for example, 1 month, 2 month, 3 month)," refundable amount "of part," part of a repayable interest duties included "," redeemable share the other costs (if applicable), to be repaid in part included in "principal amount" and "outstanding principal amount repayable after each part". 2.1.7.4. For the first year of payment provide this information in respect of each payment and the end of the first year indicate that subtotals for each of the aisles. For the subsequent years, this information is provided for the whole year together. At the end of the table, add a row for totals, which indicates all the totals boxes. Total credit costs payable by the consumer (i.e., columns "refundable part of" total), clearly stand out and as such also the point. 2.1.7.5. If the borrowing rate and repayable intends to review the level of part after each review is not known, the credit of the amortization schedule for the entire duration of the loan, you can specify the same part of the repaid amount. In this case, the grantor to it draws attention, consumers visually differentiating the amounts are known, from those that are merely hypothetical (e.g. using a different size, frame or shading). In addition, the text clearly explaining that the periods the amount specified in the schedule subject to change and why. 2.1.8. the section "8.   2.1.8.1. The mechanism "of the credit in this section specifies the responsibilities, such as the obligation to insure real estate, buy life insurance, make a payroll account at credit donor, or purchase any other product or service. With regard to the obligation of each credit shall indicate who and how long time the obligation must be fulfilled. 2.1.8.2. the employer indicates the performance duration of the obligation, for example, to the lending contract. Each credit obligation indicates all the GPL does not include costs to be borne by the consumer. 2.1.8.3. Credit the donor indicates whether the consumer is obliged to use the services to receive credit on the conditions and, if so, whether the consumer is obliged to buy them from the service provider to which the grantor will give preference to, or consumers can choose freely the supplier. If this possibility is dependent on compliance with certain minimum value-added characteristics, this section includes the following description of characteristics. If the credit agreement is combined with other products in the package, credit the donor presentation of this product's key features and clearly show that the consumer is entitled to terminate the agreement or any credit package offers include the use of the products separately, as well as following the cessation of the conditions for and the effects of, and, if applicable,-the possible consequences if consumer refuses from additional services that will be required in connection with the credit agreement. 2.1.9. "section 9.   2.1.9.1. Early repayment of Credit "specifies the conditions under which the consumer can either fully, or in part, to repay the loan before the deadline. 2.1.9.2. The section on charges in connection with a loan early repayment of the credit draws the consumer's attention to any fees for early repayment of a loan or other expenses related to early repayment of credit, in order to ensure compensation to the employer, and, if possible, indicate the amount. If the amount of the compensation depends on several factors, such as if the amounts refunded or early repayment in force at the time of interest rate, credit the donor indicates in what way will the compensation be calculated, and indicate what would be the maximum amount of the fee or, if this is not possible – illustrative example to show the amount of the refund to the consumer the different possible scenarios. 2.1.10. section ' 10.   2.1.10.1. The flexible features of "credit, where appropriate, the possibility of explaining the conditions and obligations for the transfer of credit to other credit management or other real estate. 2.1.10.2. (if applicable) Additional: If your product is one of the 2.1.10.5 in this annex mentioned features, these features include in this section and briefly explain: in what circumstances the consumer can make use of this feature; the conditions under which this label is associated; or feature that is part of the loan, which is secured by a mortgage or comparable security is such that the consumer will lose its statutory or other forms of protection, which is usually associated with this feature; and provide information about the company that offers this feature (if it is not the grantor). 2.1.10.3. If the label contains additional credit, the consumer must in this section provide details about: credit (including credit, secured by a mortgage or by another comparable security) total; whether or not the additional credit is provided; of the borrowing rates, and whether the credit is regulated or not. This additional amount of credit include either the original consumer's ability to repay the credit evaluation, or, if this is not done, this section clearly indicates that the additional amounts available depend on what further assessment of the consumer's ability to repay the loan. 2.1.10.4. If the label is linked to savings instruments, it is necessary to explain the interest rate. 2.1.10.5. possible additional features are as follows: "the overpayment/incomplete payment" [when you pay more or less than that laid down for the normal order in the amortization schedule]; "payment holidays" [the period during which the consumer does not have to make payments]; "borrowing amounts reimbursed [consumer's ability to borrow again, which if removed and refunded]; "additional loan available without further approval"; "the extra borrowing secured or not secured loan" [in accordance with paragraph 3 of this annex above]; "credit card"; "the associated checking account" and "linked savings account". 2.1.10.6. the grantor may include any other features that you credit the employer offers as part of a lending agreement and not mentioned in the previous sections. 2.1.11. section 11. "   Other rights of borrowers ' Credit employer 2.1.11.1. explains, for example, the right of withdrawal or a reflection of national and, where appropriate, other existing rights, such as the transfer of rights (including the rights of subrogation), specifies the conditions applicable to these rights, the procedures to be followed for the consumer to use this right, inter alia, the address to which to send a notice of the refusal, and (if applicable) the appropriate fee. 2.1.11.2. If the consumer has a right to a reflection period or refusal, this shall be clearly indicated. 2.1.11.3. In accordance with the provisions of Directive 2002/65/EC, article 3, if the deal is offered from a distance, the consumer shall be informed of the existence of the right of withdrawal or not. 2.1.12. section "12.   "2.1.12.1. The complaint in this section indicate the internal point of contact [name of the Department] and information on how to communicate with it to file: [address] or [phone number] or [contact], [contact information] and link to the tīmekļvietn page or other source of information that provides information about the complaints procedure. 2.1.12.2. it indicates the appropriate external authority name not present in the Court for the submission of complaints and the provision of legal protection and, if the internal complaint procedure is a precondition for access to the authority, it shall be indicated using the wording referred to in paragraph 1. 2.1.12.3. If the credit agreement is concluded with a consumer residing in another Member State, the credit management refers to the FIN-NET (http://ec.europa.eu/internal_market/fin-net/). 2.1.13. section 13. "   The loan defaulted borrower to "2.1.13.1: consequence. If the credit performance of the consumer's hand can cause consumer financial or legal consequences, credit management in this section sets out the various possible cases more frequently (for example, late payments/defaults, paragraph 1 of the present annex 8. under the "additional duties" the failure of) and indicate where you can get more detailed information. 2.1.13.2. for each of these cases, the credit provider in clear and easily understandable language indicates the appropriate sanctions or consequences. Serious consequences especially stand out. 2.1.13.3. If the real estate that served as collateral for the loan can be returned or transferred to the credit if a consumer defaults, this section will include a statement indicating that fact, using the wording referred to in paragraph 1. 2.1.14. "section 14.   More "2.1.14.1. Distance sales cases in this section include any clause on lending agreement applicable law or competent court. 2.1.14.2. If the credit lending employer during the term of the contract intend to communicate with consumers in a language different from the language used in the ESIL, include that fact and indicate the language of communication. This is without prejudice to the provisions of Directive 2002/65/EC article 3(1) subparagraph 3 of paragraph "g". 2.1.14.3. credit or the credit intermediary indicates to the consumer's right to receive a copy of the draft credit or offer to receive it at least at the time when the loan is made binding offers. 2.1.15. the section "15.   2.1.15.1. "supervisor of the relevant authority or authorities responsible for the supervision of the pre-contractual stage of the loan. Deputy Prime Minister, Minister of economy of 3. Ašeraden Arvil annex Cabinet 25 October 2016. Regulations No 691 standard European consumer credit grantor 1 and the name and contact details of intermediary credit devējsAdres phone * email * fax * home page * [name, registration number] [legal address and the actual service delivery address (if different from legal)] credit broker (if applicable): address phone * email * fax * home page * [name , registration number (natural person – name, surname)] [registered office or actual service delivery address (if different from legal) (physical person – the declared place of residence address and the actual provision of the service address)] notes. 1. news about the grantor of credit not required. 2. If the indication "if applicable", the credit provider must fill in the box if the information is relevant to the credit service, or delete the respective information or the entire column if the information in question does not apply to the type of credit.
3. Indications between square brackets provide explanations for the employer, and its credit is replaced with the corresponding information. 2. the service description of the main features of the type of credit: the credit total summaMaksimāl the total amount of the loans available under the credit agreement conditionshow drawdown and when you get the money lending contract payments to be made by the consumer, and their arrangements, if one is specified you must do the following: [specify the payment amount, number and frequency of payments to be made by the consumer]. Interest and/or charges will be paid in the following way: the total amount that you will pay the total amount of credit: plus interest and possible costs applicable to your credit [the total amount of Credit and total cost of credit] Loans, granted in the form of deferred payment for a good or service or is linked to the supply of specific goods or the provision of certain services (if applicable). Name of good/service cash price security required (if applicable) is described here, provided by you to the credit agreement [type] is not diverted for immediate payment of the total amount of credit repayment (if applicable) 3. Credit costs borrowing rate or different borrowing rates apply if the lending agreement [% fixed or variable (with the base rate applicable to the initial borrowing rate). Periods] annual percentage rate (APR) is The total cost of credit, expressed as a percentage of the year you receive the total amount of the credit. The GPL is specified, so you can compare different offers [% a representative example showing all here the specified annual interest rate assumptions used in calculations] or credit or receiving it with the provided terms and conditions have to be used – insurance, guaranteeing loans or other extra service if the employer credit these additional costs are not known, they are not included in the GPL Yes or no [If Yes, specify the type of insurance] yes or no [if the answer is "Yes" as an additional service type] Where costs must be maintaining one or more accounts to register and make payments, withdrawals and credit (if applicable) the costs for the use of specific features (such as a credit card) (if applicable) any other costs in accordance with the lending agreement (if applicable) the conditions under which those costs arising from the lending contract may be changed (if applicable) the obligation to pay notarial fees (if applicable) costs in the event of late payment charge can cause you serious consequences (for example focusing on recovery, real estate, selling it) and make it difficult to receive credit in the future in the case of late payments you will calculate the [specify the arrears and the procedures for their implementation, as well as liquidated damages or other compensation for non-performance of contractual obligations, or partial, if provided] 4. Other significant legal aspects of tiesībasJum is the refusal of the right of withdrawal of 14 calendar days credit time yes/no early repayment you have the right to repay the credit early at any time in whole or in part if you make early repayment of the credit , credit the employer is entitled to a refund (if applicable) [determination of the compensation (calculation method) in accordance with the provisions of the procedure set out in paragraph 83] izmantošanaKredīt the database is immediately and free of charge, you will be notified of the results of the use of the database, if the refusal to issue a credit based on the consultation. This provision shall not apply if the provision of such information is prohibited in the European Union legislation or is contrary to public order or public safety purposes the right to credit contract projektuJum have the right to receive, free of charge, upon request, a copy of the draft credit agreement. This provision shall not apply if the grantor at the time of the request unwilling to you to conclude a contract of lending period during which the employer is bound by the credit before the conclusion of the contract information (if applicable) this information is valid from … to …
5. Additional information in case of distance marketing of financial services (if applicable) 5.1 information on credit management representative grantor of your Member State of residence (if applicable) address phone * email * fax * home * * this information is optional for credit management [name [address and actual service delivery address (if different from legal)] registration (if applicable) [register in which the credit is entered and his registration number or an equivalent means of identification in that register] the supervisory authority (if applicable) 5.2. information about the lending contract, the right of withdrawal (if apply) [practical instructions for exercising the right of withdrawal indicating, inter alia, the period for exercising the right, the address to which notification of exercise of the right of withdrawal should be sent and the consequences of non-exercise of that right] acts of which the employer used the credit as the basis for the establishment of relations with you before lending to the conclusion of the contract (if applicable) the rules on the law applicable to the credit agreement and/or the competent court (if applicable) [indicate relevant rules] the language used (if applicable) information and contractual terms will be [given]. If you agree, we will credit contract period will contact [(s) concerned] language (s), 5.3. information on the dispute settlement of disputes the existence and availability of the mechanism [Or not there is an out-of-court dispute resolution mechanism for the consumer that is a distance contract the Contracting Party, and, if there is, it uses] Deputy Prime Minister, Minister of economy of 4. Ašeraden Arvil annex Cabinet of 25 October, 2016. the Regulation No. 691 European consumer credit information about excess credit Member organisations of the benefit, granted credit or lending agreements, initial lending contract obligations 1. Credit and the name and contact details of intermediary credit devējsAdres phone * email * fax * home page * [name, registration number and registered office actual service delivery address (if different from legal)] credit broker (if applicable) address phone * email * fax * home page * [name, registration number (physical person – name, surname)] [registered office or actual service delivery address (if different from legal) (physical person – the declared place of residence address and the actual service location address)] notes. 1. news about the grantor of credit not required. 2. If the indication "if applicable", the credit provider must fill in the box if the information is relevant to the credit service, or delete the respective information or the entire column if the information in question does not apply to the type of credit.
3. Indications between square brackets provide explanations for the employer, and its credit is replaced with the corresponding information. 2. the service description of the main features of the type of credit: the credit total summaMaksimāl the total amount of the loans available under the credit agreement for a credit contract at any time after you request may seek to repay the amount of credit in full (if applicable) 3. Credit costs borrowing rate or different borrowing rates apply if the lending agreement [% fixed or variable (with the base rate applicable to the initial borrowing rate)] annual percentage rate (APR) (if applicable) The total cost of the credit expressed as a percentage of the year you receive the total amount of the credit. The GPL is specified, so you can compare different offers [% a representative example, showing all of the following annual percentage rate used in the calculation assumptions] costs (if applicable) the conditions under which those charges may be changed (if applicable) [From lending the conclusion of the contract the applicable costs] costs in the case of late payments in the case of late payments you will calculate the [specify the arrears and the procedures for their implementation, as well as liquidated damages or other compensation for non-fulfilment of contractual obligations or partial execution , where provided)] 4. other important legal aspects of lending termination [lending termination of rules and procedures] izmantošanaKredīt the database is immediately and free of charge, you will be notified of the results of the use of the database, if the refusal to issue a credit based on the consultation. This provision shall not apply if the provision of such information is prohibited in the European Union legislation or is contrary to public order or public safety objectives of the period during which the employer is bound by the credit before the conclusion of the contract information (if applicable) this information is valid from … to …
5. the additional information to be given if, before lending to the conclusion of the contract information provide members the benefit of the organization or if the consumer credit is offered, the original lending contract commitments (if applicable), Payment to be made by the consumer, and their arrangements, if one is specified you must do the following: [payment table example, specifying the payment amount, number and frequency of payments to be made by the consumer] the total amount you will have to pay early atmaksaJum have the right to repay the credit early at any time If all or part of the credit is made early repayment of credit, the employer is entitled to a refund (if applicable) [determination of the compensation (calculation method) in accordance with the provisions of the procedure set out in paragraph 83] 6. Information to be provided in the case of distance marketing of financial services (if applicable) 6.1. information about the credit grantor's representative in your state of residence (if applicable) address phone * email * fax * home * * this information is optional for credit management [name] [official address and the actual service delivery address (if different from legal)] registration (if applicable) [register in which the credit is entered and his registration number or an equivalent means of identification in that register] the supervisory authority (if applicable) 6.2. information about the lending agreement refusal tiesībasJum have the right to refuse to credit the 14 calendar days. The right of withdrawal (if applicable) Yes/No [practical instructions for exercising the right of withdrawal indicating, inter alia, the period for exercising the right, the address to which notification of exercise of the right of withdrawal should be sent and the consequences of non-exercise of that right] acts of which the employer used the credit as the basis for the establishment of relations with you before lending to the conclusion of the contract (if applicable) the rules on the law applicable to the credit agreement and/or the competent court (if applicable) indicate the language used in the rules (if applicable) information and contractual terms will be [given]. If you agree, we will credit contract period will contact [(s) concerned] language (s) 6.3 information on the dispute settlement of disputes the existence and availability of the mechanism [Or not there is an out-of-court dispute resolution mechanism for the consumer that is a distance contract the Contracting Party, and, if there is, it uses] Deputy Prime Minister, Minister of economy of Ašeraden of Arvil