{ "table": "apr-calculator-rules", "schema": 1, "version": "2026-11-11.1", "title": "APR (TAEG) calculation rules and French usury thresholds: France and United Kingdom", "doc": "Rule table read by the apr-calculator handler (ctx.data['apr-calculator-rules']). Rates are percentage points (8.56 means 8.56 %). Table-level valid_from/valid_until bound the period during which this version may be relied on: the French usury thresholds are set each quarter by a notice in the Journal officiel, and the next ones apply from 1 January 2027, so this table must be reviewed before valid_until passes. Entry-level valid_from/valid_until bound each value; a null valid_until means in force until changed. source_url is the primary source for the value, source_date that source's own date, retrieved the day it was opened for this table. Usury bands: a band holds the loans with amount_above < amount <= amount_up_to (euros) and months_from <= term in months < months_below, a null bound being open. On 20 November 2026 the French consumer credit reform (ordonnance n° 2025-880, décret n° 2026-105) takes effect: the TAEG formula of the annex to article R314-3 keeps its equation, its 12 normalised months and its rounding rule (version of 20 November 2026, décret n° 2026-105 art. 18), the usury thresholds below stay the same for the new categories (notice of 6 November 2026), and the amount above which a loan for building work counts as a property loan moves from 75,000 € to 100,000 €.", "reviewed_on": "2026-11-11", "reviewed_by": "apps-calculators agent (automated research against official sources, 2026-11-11); owner review pending", "valid_from": "2026-10-01", "valid_until": "2026-12-31", "locale_country": { "fr-FR": "FR", "en-GB": "GB" }, "countries": { "FR": { "name": { "fr-FR": "France", "en-GB": "France" }, "currency": "EUR", "apr": { "decimals": 2, "rule": "TAEG X such that the sum of drawdowns equals the sum of repayments and charges, each discounted by (1 + X)^t with t in years from the first drawdown; a year is 365 days (366 in a leap year), 52 weeks or 12 normalised months of 30.41666 days; the result is expressed with an accuracy of at least one decimal place, a figure of 5 or more in the next place rounding the previous one up. This table shows 2 decimals, the precision of the usury thresholds.", "legal_basis": "Code de la consommation, art. L314-1, L314-3, R314-3 and its annex (version in force since 20 December 2021; version of 20 November 2026 from décret n° 2026-105, art. 18, same equation, months and rounding); art. R314-4 (costs included: arrangement fees, intermediaries, compulsory insurance and guarantees)", "valid_from": "2021-12-20", "valid_until": null, "source_url": "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000044536833", "source_date": "2021-12-20", "retrieved": "2026-11-11", "see_also": [ "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000032807608", "https://www.legifrance.gouv.fr/codes/section_lc/LEGITEXT000006069565/LEGISCTA000032807602/2026-11-21", "https://www.legifrance.gouv.fr/loda/id/JORFTEXT000000413399" ], "worked_examples": { "legal_basis": "Décret n° 2002-928 du 10 juin 2002, annex A (examples of calculation, version in force since 1 May 2011)", "source_url": "https://www.legifrance.gouv.fr/loda/id/JORFTEXT000000413399", "source_date": "2011-05-01", "retrieved": "2026-11-11" } }, "usury": { "legal_basis": "Code de la consommation, art. L314-6 and L314-9; avis du 25 septembre 2026 relatif à l'application des articles L. 314-6 du code de la consommation et L. 313-5-1 du code monétaire et financier concernant l'usure (JORF n° 0225 du 26 septembre 2026, texte n° 79); avis relatif aux nouvelles catégories du seuil de l'usure (JORF n° 0260 du 6 novembre 2026), same rates for offers from 20 November 2026", "valid_from": "2026-10-01", "valid_until": "2026-12-31", "source_url": "https://acpr.banque-france.fr/system/files/webstats/Taux_dusure_2026T4_20260928/FR_202610_RESULT_TABLEAU_INTERNET_USURE_23Sep26.pdf", "source_date": "2026-09-23", "retrieved": "2026-11-11", "see_also": [ "https://www.legifrance.gouv.fr/jorf/id/JORFTEXT000054903528", "https://www.legifrance.gouv.fr/jorf/id/JORFTEXT000055064545", "https://www.banque-france.fr/fr/a-votre-service/particuliers/connaitre-pratiques-bancaires-assurance/credit/taux-usure" ], "categories": { "consumer": { "name": { "fr-FR": "Crédits de trésorerie aux ménages et prêts pour travaux jusqu’au seuil des prêts immobiliers", "en-GB": "Household cash loans and loans for building work up to the property loan threshold" }, "bands": [ { "id": "consumer-up-to-3000", "amount_above": null, "amount_up_to": 3000, "rate": 23.6, "label": { "fr-FR": "prêts de 3 000 € ou moins", "en-GB": "loans of €3,000 or less" } }, { "id": "consumer-3000-to-6000", "amount_above": 3000, "amount_up_to": 6000, "rate": 15.76, "label": { "fr-FR": "prêts de plus de 3 000 € et jusqu’à 6 000 €", "en-GB": "loans over €3,000 and up to €6,000" } }, { "id": "consumer-over-6000", "amount_above": 6000, "amount_up_to": null, "rate": 8.56, "label": { "fr-FR": "prêts de plus de 6 000 €", "en-GB": "loans over €6,000" } } ] }, "property-fixed": { "name": { "fr-FR": "Prêts immobiliers à taux fixe", "en-GB": "Fixed-rate property loans" }, "bands": [ { "id": "property-fixed-under-10-years", "months_from": null, "months_below": 120, "rate": 4.09, "label": { "fr-FR": "prêts immobiliers à taux fixe de moins de 10 ans", "en-GB": "fixed-rate property loans of under 10 years" } }, { "id": "property-fixed-10-to-20-years", "months_from": 120, "months_below": 240, "rate": 4.68, "label": { "fr-FR": "prêts immobiliers à taux fixe de 10 ans à moins de 20 ans", "en-GB": "fixed-rate property loans of 10 years to under 20 years" } }, { "id": "property-fixed-20-years-and-over", "months_from": 240, "months_below": null, "rate": 5.4, "label": { "fr-FR": "prêts immobiliers à taux fixe de 20 ans et plus", "en-GB": "fixed-rate property loans of 20 years and over" } } ] }, "property-variable": { "name": { "fr-FR": "Prêts immobiliers à taux variable", "en-GB": "Variable-rate property loans" }, "bands": [ { "id": "property-variable", "rate": 5.52, "label": { "fr-FR": "prêts immobiliers à taux variable", "en-GB": "variable-rate property loans" } } ] }, "bridging": { "name": { "fr-FR": "Prêts relais", "en-GB": "Bridging loans" }, "bands": [ { "id": "bridging", "rate": 6.49, "label": { "fr-FR": "prêts relais", "en-GB": "bridging loans" } } ] } }, "professional": { "note": "For individuals acting for their business and for legal persons with an industrial, commercial, craft, farming or professional activity, only overdrafts (découverts en compte, 19.08 %) have a usury threshold (code monétaire et financier, art. L313-5-1; Banque de France table of 23 September 2026). This calculator makes no comparison for them.", "source_url": "https://acpr.banque-france.fr/system/files/webstats/Taux_dusure_2026T4_20260928/FR_202610_RESULT_TABLEAU_INTERNET_USURE_23Sep26.pdf", "source_date": "2026-09-23", "retrieved": "2026-11-11" }, "works_threshold": { "amount": 75000, "valid_until": "2026-11-19", "new_amount": 100000, "new_from": "2026-11-20", "rule": "A loan to a household for repairing, improving or maintaining a home counts in the property loan categories above this amount, in the consumer categories up to it (footnotes 1 and 2 of the Banque de France table; notice of 6 November 2026 for offers from 20 November 2026).", "source_url": "https://acpr.banque-france.fr/system/files/webstats/Taux_dusure_2026T4_20260928/FR_202610_RESULT_TABLEAU_INTERNET_USURE_23Sep26.pdf", "source_date": "2026-09-23", "retrieved": "2026-11-11", "see_also": [ "https://www.legifrance.gouv.fr/jorf/id/JORFTEXT000055064545" ] } } }, "GB": { "name": { "fr-FR": "Royaume-Uni", "en-GB": "United Kingdom" }, "currency": "GBP", "scope": { "fr-FR": "Royaume-Uni : les mêmes règles de calcul du TAEG s’appliquent en Angleterre, au pays de Galles, en Écosse et en Irlande du Nord.", "en-GB": "United Kingdom: the same APR rules apply in England, Wales, Scotland and Northern Ireland." }, "apr": { "decimals": 1, "rule": "APR X such that the sum of drawdowns equals the sum of repayments and charges, each discounted by (1 + X)^t with t in years from the first drawdown; a year is 365 days (366 in a leap year), 52 weeks or 12 equal months of 30.41666 days; the result is expressed with an accuracy of at least one decimal place, a figure of 5 or more in the next place rounding the previous one up. This table shows 1 decimal, the precision the rule requires at least.", "legal_basis": "Consumer Credit Act 1974, s. 20 (the total charge for credit has the meaning given by the Regulated Activities Order); FSMA 2000 (Regulated Activities) Order 2001, art. 60L and 60M (FCA rules determine it: FCA Handbook, CONC App 1.2, not opened for this table because the Handbook site needs JavaScript); the formula and rounding are shown from the Schedule of the Consumer Credit (Total Charge for Credit) Regulations 2010 (SI 2010/1011), point-in-time version of 26 July 2013, revoked on 1 April 2014 when the rules moved to the FCA", "valid_from": "2014-04-01", "valid_until": null, "source_url": "https://www.legislation.gov.uk/uksi/2010/1011/schedule/2013-07-26", "source_date": "2013-07-26", "retrieved": "2026-11-11", "see_also": [ "https://www.legislation.gov.uk/ukpga/1974/39/section/20", "https://www.legislation.gov.uk/uksi/2001/544/article/60L", "https://www.legislation.gov.uk/uksi/2001/544/article/60M" ] }, "usury": null } } }