{
  "url": "https://openlegislation.uk/eu-directive-2008-48/annex-III/division-3",
  "json_url": "https://openlegislation.uk/eu-directive-2008-48/annex-III/division-3.json",
  "legislation": "eudr/2008/48",
  "legislation_title": "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",
  "legislation_url": "https://openlegislation.uk/eu-directive-2008-48",
  "path": "annex/III/division/3",
  "kind": "division",
  "number": "3",
  "heading": "Costs of the credit",
  "text": "Not applicable to European Consumer Credit Information for overdrafts in those Member States which decide on the basis of Article 6(2) of Directive 2008/48/EC that the APR need not be provided for overdrafts.\nThe borrowing rate or, if applicable, different borrowing rates which apply to the credit agreement\n[ %\nfixed or,\nvariable (with the index or reference rate applicable to the initial borrowing rate)],\nIf applicable\nThe annual percentage rate of charge (APR)\nThis is the total cost of credit expressed as an annual percentage of the total amount of credit. The APR is there to help you compare different offers.\n[ % A representative example mentioning all the assumptions used for calculating the rate to be set out here]\nIf applicable\nCosts\nIf applicable\nThe conditions under which those costs may be changed\n[The costs applicable from the time the credit agreement is concluded]\nCosts in the case of late payments\nYou will be charged […… (applicable interest rate and arrangements for its adjustment and, where applicable, default charges)] for late payments.",
  "extent": "E+W+S+N.I.",
  "status": null,
  "version": "current",
  "annotations": [
    {
      "type": "X",
      "label": "X1",
      "text": "Substituted by Corrigendum to 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 (Official Journal of the European Union L 133 of 22 May 2008)."
    },
    {
      "type": "footnote",
      "label": "f1",
      "text": "Not applicable to European Consumer Credit Information for overdrafts in those Member States which decide on the basis of Article 6(2) of Directive 2008/48/EC that the APR need not be provided for overdrafts."
    }
  ],
  "outstanding_effects": [],
  "provenance": {
    "source": "legislation.gov.uk",
    "source_url": "https://www.legislation.gov.uk/eudr/2008/48/annex/III/division/3",
    "retrieved_at": "2026-11-01T15:22:21.482265+00:00"
  },
  "licence": "Open Government Licence v3.0",
  "licence_url": "https://www.nationalarchives.gov.uk/doc/open-government-licence/version/3/",
  "attribution": "Contains public sector information licensed under the Open Government Licence v3.0. Source: legislation.gov.uk, The National Archives."
}