Rather than pay cash for expensive items like a fridge or a car, many of us would choose to take out a consumer loan. This entails certain risks, so the EU has rules to protect consumers borrowing between 200 and 75 000 euros. Here are three ways you stand to benefit.

loan

consumer credit

This is what Europe does for consumers taking out loans

https://api.multimedia.europarl.europa.eu/documents/20125/11113348/EPF07_ENChapters%5BSD-EN%5D.srt

<p>Rather than pay cash for expensive items like a fridge or a car, many of us would choose to take out a consumer loan. This entails certain risks, so the EU has rules to protect consumers borrowing between 200 and 75 000 euros. Here are three ways you stand to benefit.</p>