A consumer credit contract must be concluded in writing. The borrower has a right to a copy of the contract. It contains information about:
- Net amount of credit
- Effective annual interest or, if not possible, annual interest and costs imposed upon contract conclusion
- Conditions under which the interest rate and costs (see above) may be adjusted
- Costs which may arise and are not included in effective annual interest
- If applicable, maximum amount of credit
- Repayment details, especially number of installments, the amount of each installment and the time interval between installments or if possible, the total amount of all installments.
- Reference to waiver of interest and reimbursement of costs for unused credit duration
- Right to revocation and notice of revocation
- If applicable, requested securities
- Part of income according to which the credit check was performed.
