Top Tweets for #ConsumerCreditDirective
🔎 In the SAFE Regulatory Radar for September, read about new rules to combat shadow banking, protect consumers from over-indebtedness, and a set of voluntary requirements to integrate natural risks into #disclosure 👉 https://t.co/rFj8B0s1zZ #CRR #ConsumerCreditDirective

We welcome the @euparliament call for the introduction of a EU-wide Right To Be Forgotten for cancer patients in the Consumer Credit Directive 👏#cancersurvivors #righttobeforgotten #patientrights #consumercreditdirective #EU #euparliament
Today @Europarl_EN adopted the #RightToBeForgotten for cancer survivors 👏
Now we need 🇪🇺 Member States to implement this nationally.
⚡ Last week, the EU institutions wrapped-up discussions on the #ConsumerCreditDirective, paving the way for final adoption early 2023.
w/ @s_yoncourtin @RenewEurope @dreynders Cécile Barateau @Cdiscount @anca_caruntu @BeVanssay @leo_paget_blanc

Consumers will get much-needed extra protections when taking out a loan thanks to an agreement struck today by EU negotiators on the #ConsumerCreditDirective. Our reaction and what it will mean for consumers 👉 https://t.co/VICiOhoXLK

EU negotiators meeting today to strike a deal on the #ConsumerCreditDirective. Here's what's needed to ensure it works for consumers (who's on board? 🙋):
☑️ Include all forms of credit and leave no loopholes for deferred debit cards, connected goods or BigTech companies
[1/2]
![beuc's tweet photo. EU negotiators meeting today to strike a deal on the #ConsumerCreditDirective. Here's what's needed to ensure it works for consumers (who's on board? 🙋):
☑️ Include all forms of credit and leave no loopholes for deferred debit cards, connected goods or BigTech companies
[1/2] https://t.co/wFf8uGEQZ9](https://pbs.twimg.com/media/Fi5AepGWAAAyyNQ.jpg)
To ensure strong consumer protection and a level-playing field among creditors, BigTech must not benefit from a loophole in the #ConsumerCreditDirective. Our recommendations: https://t.co/rc98ykqmAH
Occasions like #BlackFriday can push people to consume things they don't necessarily want/need, facilitated by all too easy 'Buy Now Pay Later' credit schemes. Luckily they'll soon be regulated in the #ConsumerCreditDirective but...BigTech might be exempted. Here's the story 🧵

Good news for consumers in Ireland where a cap has just been introduced on consumer credit for the 1st time. High-cost credit providers can now charge max. 1% per week.The 🇪🇺 should follow 🇮🇪's lead an introduce EU-wide cap in the #ConsumerCreditDirective: https://t.co/PKYRFGG8Bp
Warning from @eiopa_europa_eu: 83% of banks tie insurance to their main credit product *and* get high commission for it. BEUC calls for ban on tying credit with insurance in #ConsumerCreditDirective & for a ban on inducements in #RetailInvestmentStrategy: https://t.co/FM4j64XyWg
Happy to kick off the trilogue on the #ConsumerCreditDirective, improving consumer information & protection against the risks of new and potentially harmful products and practices will remain our key objective in the current inflation context @Europarl_EN @Konecna_K @zajicekjaro

Today consumer credit is only a click away. It can help consumers make important investments but when unaffordable or given without appropriate checks, it causes over-indebtedness. Our recommendations for the #ConsumerCreditDirective trilogue discussions: https://t.co/rc98ykqmAH

Sich Geld zu leihen kostet Geld–aber wer sich Geld leihen muss, hat meistens zu wenig davon. Deswegen brauchen wir für die Kreditvergabe klare Regeln, die besonders junge Menschen vor Überschuldung schützen. Gleich stimmen wir im #IMCO 🇪🇺Auschuss ab. #ConsumerCreditDirective #CCD
Ever heard of pizza loans 🍕? Our 🇩🇰 member @fbrtaenk found that 17% of consumers having used Buy Now Pay Later and struggling with repayments, actually used this to finance fast food, takeaway or groceries #ConsumerCreditDirective: https://t.co/SGEWG9jgcI

📽️@wachnickaa, President of the @Fundacja_RRF, highlights the high stakes of #ConsumerCreditDirective revision currently being discussed in the @Europarl_EN 🇪🇺 @EU_Commission
#sustainablefinance #EuropeanUnion #inclusion #socialjustice
👉https://t.co/4oRuEMPFPd

📽️@wachnickaa, President of the @Fundacja_RRF, highlights the high stakes of #ConsumerCreditDirective revision currently being discussed in the @Europarl_EN 🇪🇺 @EU_Commission.
#sustainablefinance #EuropeanUnion #inclusion #socialjustice
👉https://t.co/PVTjPYZgPP

2/ Wir brauchen Bonitätsprüfungen bei ALLEN Verbraucher*innenkrediten. Das ist unser Schlüssel zur Bekämpfung von #Überschuldung. Deswegen mache ich mich im 🇪🇺-Parlament dafür stark, insbesondere arme Menschen vor Raubkrediten zu schützen.🛡 #ConsumerCreditDirective @beuc
Last weekend @Apple announced the launch of their own #BuyNowPayLater service. This is yet another argument for the @EUCouncil to make sure that suppliers of goods and services, including BigTech, are fully covered by the #ConsumerCreditDirective. https://t.co/eI59qLOdXm

📰Find the article by @wachnickaa, President of @Fundacja_RRF, in the @Parlimag.
The review of the #ConsumerCreditDirective offers an opportunity to aknowledge the role played by non-banking sector to achieve #socialjustice.
#europeanunion #inclusion
👉https://t.co/XINhySKzvE

📰Find the article by @wachnickaa, President of @Fundacja_RRF, in the @Parlimag.
The review of the #ConsumerCreditDirective offers an opportunity to aknowledge the role played by non-banking sector to achieve #socialjustice.
#europeanunion #inclusion
👉https://t.co/KQwK6OXSYv

Ever searched for Klarna on TikTok 🔎? It'll show you many videos from young consumers not knowing how to pay back their debt with Buy Now Pay Later products. We recommend regulating BNPL in the #ConsumerCreditDirective. Find out more: https://t.co/eI59qLOdXm

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