The European Communities (Consumer Credit Agreements) Regulations 2010 transpose Directive 2008/48/EC, creating a harmonised framework for consumer credit (€200–€75,000). Creditors and intermediaries must supply Standard European Consumer Credit Information (SECCI) or the overdraft form, calculate the annual percentage rate of charge (APR) under Schedule 1, perform proportionate creditworthiness checks, and provide clear contractual terms, amortisation information and a 14‑day right of withdrawal.

Consumers gain transparency of costs (including intermediary fees), rights on database consultations where applications are refused, and capped early‑repayment compensation (1% or 0.5% depending on remaining term, with a €10,000 de minimis). The Regulations prohibit contractual avoidance, impose offences and penalties, and vest supervisory and enforcement functions in the competent authorities.