To help Member States to correctly apply the Consumer Credit Directive, the Commission published on 8 May 2012 Guidelines on the application of the Directive 2008/48/EC in relation to costs and the Annual Percentage Rate of charge. The Guidelines provide comprehensive explanations how to delineate the total cost of credit, in particular to be included in the calculation of APR, and how to apply assumptions as amended by the Directive 2011/90/EU.

• SANCO Guidelines for CCD (May 2012)
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