IDEAS home Printed from https://ideas.repec.org/p/hal/journl/hal-03289562.html
   My bibliography  Save this paper

The annual percentage rate of charge: a simplification tool?
[Le taux annuel effectif global : outil de simplification ?]

Author

Listed:
  • Caroline Marie-Jeanne

    (GRANEM - Groupe de Recherche Angevin en Economie et Management - UA - Université d'Angers - AGROCAMPUS OUEST - Institut National de l'Horticulture et du Paysage)

Abstract

With the lowering of the usury thresholds for bank loans on April 1, 2021, the Annual Percentage Rate (APR) is back in the spotlight. This rate must be specified for any credit to individuals and must be calculated according to the methods provided for by law in the Consumer Code. By its character of meter-standard of the real cost of a credit, the global rate allows to compare the offers of loan and to verify that the legal maximum is not exceeded. After half a century of legal changes, two rate indicators coexist, calculated according to two different mathematical methods. Has the initial objective of simplification been achieved?

Suggested Citation

  • Caroline Marie-Jeanne, 2021. "The annual percentage rate of charge: a simplification tool? [Le taux annuel effectif global : outil de simplification ?]," Post-Print hal-03289562, HAL.
    • Handle: RePEc:hal:journl:hal-03289562
    Note: View the original document on HAL open archive server: https://hal.science/hal-03289562
    as

    Download full text from publisher

    File URL: https://hal.science/hal-03289562/document
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    APR; annual percentage rate; usury; TAEG; taux annuel effectif global; usure;
    All these keywords.

    NEP fields

    This paper has been announced in the following NEP Reports:

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:hal:journl:hal-03289562. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: CCSD (email available below). General contact details of provider: https://hal.archives-ouvertes.fr/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.