Consumer Credits provisional agreement ✅ adopted in @EP_SingleMarket with 37 ➕, 0➖, 1⭕️

Press release from the deal 👉eptwitter.eu/qCwR
RT @EP_SingleMarket: Provisional deal struck on consumer credits by @EP_SingleMarket negotiators led by @Konecna_K w/ @EU2022_CZ & @EU_Commission, details will follow t.co/eTCSmcMZUN

🐦🔗: n.respublicae.eu/EP_SingleMark

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Rapporteur @Konecna_K: "I hope that the implementation of this directive will take place in member states as quickly as possible. In the current time of crisis we have to protect consumers from dangerous and predatory practices of those who lend money"

🐦🔗: n.respublicae.eu/EP_SingleMark

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@Konecna_K "For the 1st time in 🇪🇺legislation the so called right to be forgotten of cancer patients has been ensured in a legally binding text. We managed to include the measures that protect cancer survivors applying for credit for which an insurance is required [...]"

🐦🔗: n.respublicae.eu/EP_SingleMark

@Konecna_K "I am also glad we managed to defend the forbearance measures in order to deal proactively with enduring credit risk at an early stage [...]Creditors will be required to assist consumers in case of difficulty with repayment."

🐦🔗: n.respublicae.eu/EP_SingleMark

@Konecna_K "In the future all credit advertising will have to clear and prominent warning that borrowing money, costs money."

🐦🔗: n.respublicae.eu/EP_SingleMark

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