EU regulation of consumer credit has evolved considerably in past decades. New developments in this branch of the law can be expected, with the ongoing discussion of a proposed new directive on consumer credit by EU lawmakers.  

In a new Working Paper FLI-member Dominique Blommaert and Prescillia Algrain discuss past and future trends in consumer credit law.

After an overview of the evolution of the EU legal framework towards consumer credit, the authors emphasize three significant trends : the clustering of EU litigation around issues related to the compliance of stricter national law with EU Law, movements in the legal scope of consumer credit and an enrichment of substantive law aimed at introducing consumer protection measures.