anx_III__para CCD2 — DIRECTIVE (EU) 2023/2225 OF THE EUROPEAN PARLIAMENT AND OF…

anx_III__para

CCD2

DIRECTIVE (EU) 2023/2225 OF THE EUROPEAN PARLIAMENT AND OF THE COUNCIL of 18 October 2023 on credit agreements for consumers and repealing Directive 2008/48/EC · European Union

The basic equation, which establishes the annual percentage rate of charge (APR), equates, on an annual basis, the total present value of drawdowns on the one hand and the total present value of repayments and payments of charges on the other hand, i.e.:

← I. The basic equation expressing the equivalence of drawdowns on the one hand and repayments and charges on the other. · All articles · anx_III__para__2 →

Source: EUR-Lex CELLAR · retrieved 2026-07-30 · Text as adopted (Official Journal); later amendments are not incorporated in this text.