Consumer Credit Directive (CCD2)
CCD2, Directive (EU) 2023/2225, is the new EU consumer credit law and applies from 20 November 2026. It brings buy-now-pay-later and small loans into scope, requires creditworthiness checks and clear pre-contract information, and for the first time makes non-bank consumer lenders and credit intermediaries get admitted or registered and supervised in their home member state.
At a glance
| Official title | Directive (EU) 2023/2225 of the European Parliament and of the Council of 18 October 2023 on credit agreements for consumers1 |
|---|---|
| English title | Consumer Credit Directive (CCD2) |
| Citation | Directive (EU) 2023/2225 |
| Jurisdiction | European Union (applies in every EU/EEA state) |
| Type | directive |
| Adopted | 2023-10-18 |
| In force from | 2023-11-19 |
| Status | Adopted; member states had to transpose it by 20 November 2025 and apply it from 20 November 2026 |
Full text
Official full text: Consumer Credit Directive (CCD2) (PDF, en)1 · 1,259 KB · file checked 2026-09-24
Official page: eur-lex.europa.eu1
Summary
The second Consumer Credit Directive updates the EU's consumer lending rules and pulls buy-now-pay-later and other small or short credits into scope. It requires creditworthiness assessments, standard pre-contractual information and caps or other measures against excessive borrowing costs. For the first time at EU level, it also requires admission and supervision of non-bank creditors and credit intermediaries. It replaces Directive 2008/48/EC.
Summary written by the Atlas from the official text; the law itself prevails.
Main articles
- Art. 2: Widens the scope to buy-now-pay-later and small loans that used to sit outside it.
- Art. 18: Requires a creditworthiness assessment of the consumer.
- Art. 31: Puts a brake on excessively high borrowing rates or costs.
- Art. 37: Requires non-credit-institution creditors and credit intermediaries to be admitted, registered and supervised.
Licences it governs
Upcoming changes
- 2026-11-20: CCD2 applies in the member states and Directive 2008/48/EC is repealed.1
Sources
- EUR-Lex: CELEX 32023L2225 · retrieved 2026-09-24
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