The French government is preparing a draft law on inter alia the duty of individuals’ information and accountability of credit. This project should be submitted at the end of this month.
Distribution sector carefully monitor this bill because the supermarkets for several years promoting consumer credit across different products. Despite interest rates in most cases very high, these loans have proved very popular with the public. Dealers justify their approach by citing their role in society and in providing practical assistance to consumers, especially in these times of declining purchasing power.
The President of the Fédération du Commerce et de la distribution (FCD), Jérôme Bédier was declared as opposed to any "action against the consumer credit."
My opinion is divided: while consumer credit may be considered as a valuable tool for consumers, provided they are balanced by offering reasonable interest rates. Especially consumers must be fully informed with clear and visual timeline of their refunds.
Distribution sector carefully monitor this bill because the supermarkets for several years promoting consumer credit across different products. Despite interest rates in most cases very high, these loans have proved very popular with the public. Dealers justify their approach by citing their role in society and in providing practical assistance to consumers, especially in these times of declining purchasing power.
The President of the Fédération du Commerce et de la distribution (FCD), Jérôme Bédier was declared as opposed to any "action against the consumer credit."
My opinion is divided: while consumer credit may be considered as a valuable tool for consumers, provided they are balanced by offering reasonable interest rates. Especially consumers must be fully informed with clear and visual timeline of their refunds.
Aucun commentaire:
Enregistrer un commentaire