- Question ID
-
2024_7056
- Legal act
- Directive 2015/2366/EU (PSD2)
- Topic
- Other topics
- Article
-
Article 18
- Paragraph
-
4
- COM Delegated or Implementing Acts/RTS/ITS/GLs/Recommendations
- Not applicable
- Article/Paragraph
-
.
- Type of submitter
-
Individual
- Subject matter
-
Credit
- Question
-
Does this credit qualify as consumer credit, exclusively available to individual consumers? Or can it also be extended to legal entities?
- Background on the question
-
In accordance with Article 18 of PSD2, payment institutions are authorized to extend credit pertaining to payment services outlined in points (4) or (5) of Annex I.
- Submission date
- Status
-
Question under review
- Answer prepared by
-
Answer prepared by the European Commission because it is a matter of interpretation of Union law.