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Germany · Motion · Antrag

19/14386

Effective consumer protection with residual debt insurance

rejectedGermany· German Bundestag· DE

Introduced

23 October 2019

Last action

Status

Abgelehnt

Sponsors

Subjects

Discovery layer

Source updated

26 October 2023

Summary

Presentation of a bill: introduction of a cap of 1.5 percent based on the loan amount insured by residual debt insurance, time decoupling of at least one week between the conclusion of a loan agreement and the conclusion of residual debt insurance, prohibition of loan financing of residual debt insurance, mandatory double price tag: disclosure of the effective interest rate on the one hand with all of them additional services associated with the loan including insurance premiums, on the other hand only the obligatory costs; mandatory minimum standards for intermediaries and no exemption from the regulations

Machine translation from German. The official text remains authoritative.

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1 official file

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