Press Release: Judgment in Case C-42/15. Home Credit Slovakia, a.s. v Klára Bíróovà

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Series Details No.119, 2016 (09.11.16)
Publication Date 09/11/2016
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The failure by a lender granting consumer credit to include in the agreement certain essential information may be penalised by depriving the lender of entitlement to interest and charges.

Such a penalty is permitted where the failure to include that information prevents the consumer from assessing the full extent of his contractual liability.

Source Link http://curia.europa.eu/jcms/upload/docs/application/pdf/2016-11/cp160119en.pdf
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