# Directive 2008/48/EC Of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers and repealing Council Directive 87/102/EEC, Division 2: Description of the main features of the credit product

Extent: E+W+S+N.I.

The type of credit
The total amount of credit
This means the ceiling or the total sums made available under the credit agreement.
The conditions governing the drawdown
This means how and when you will obtain the money.
The duration of the credit agreement
Instalments and, where appropriate, the order in which instalments will be allocated
You will have to pay the following:
[The amount, number and frequency of payments to be made by the consumer]
Interest and/or charges will be payable in the following manner:
The total amount you will have to pay
This means the amount of borrowed capital plus interest and possible costs related to your credit.
[Sum of total amount of credit and total cost of credit]
If applicable
The credit is granted in the form of a deferred payment for a good or service or is linked to the supply of specific goods or the provision of a service
Name of good/service
Cash price
If applicable
Sureties required
[Kind of sureties]
This is a description of the security to be provided by you in relation to the credit agreement.
If applicable
Repayments do not give rise to immediate amortisation of the capital.

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Source: https://www.legislation.gov.uk/eudr/2008/48/annex/II/division/2 (the official version)
Page: https://openlegislation.uk/eu-directive-2008-48/annex-II/division-2
Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives.