{ "table": "credit-card-payoff-calculator-rules", "schema": 1, "version": "2026-11-11.1", "title": "Credit card and revolving credit repayment rules: French usury thresholds and revolving-credit limits, APR convention (France and United Kingdom)", "doc": "Rule table read by the credit-card-payoff-calculator handler (ctx.data['credit-card-payoff-calculator-rules']). Rates are percentage points (23.6 means 23.6 %). Amounts are in major units of the country's currency. 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 the 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 of the value, source_date that source's own date, retrieved the day it was opened for this table. A band holds the amounts with above < amount <= up_to, a null bound being open. France: a credit card that lets you pay later with interest is attached to a revolving credit (crédit renouvelable, Code de la consommation art. L312-57 and following; L312-67 names the 'carte de crédit'), so the French rules here are those of revolving credit. For the usury check of a revolving credit (prêt permanent) the amount is the credit actually used, per footnote (1) of both usury notices. The notice of 6 November 2026 on the new usury categories (JORF n° 260) sets thresholds that apply from 20 November 2026; its consumer-credit thresholds and its footnote (1) are the same as those in force since 1 October 2026. United Kingdom: no statutory interest-rate ceiling for credit cards is encoded, and the UK minimum-payment rules are not encoded because no current official text on the sources this table may cite was found; the page explains this.", "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", "usury": { "category": { "fr-FR": "Crédits de trésorerie aux ménages (dont le crédit renouvelable), selon le montant effectivement utilisé", "en-GB": "Household cash loans (including revolving credit), by the amount actually used" }, "amount_basis": "used", "legal_basis": "Code de la consommation, art. L314-6; 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° 225 du 26 septembre 2026), note (1): for an overdraft or a permanent loan the amount taken into account is the credit actually used; avis relatif aux nouvelles catégories du seuil de l'usure (JORF n° 260 du 6 novembre 2026), same thresholds 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" ], "bands": [ { "id": "up-to-3000", "above": null, "up_to": 3000, "rate": 23.6, "average_rate": 17.7, "label": { "fr-FR": "3 000 € ou moins", "en-GB": "€3,000 or less" } }, { "id": "3000-to-6000", "above": 3000, "up_to": 6000, "rate": 15.76, "average_rate": 11.82, "label": { "fr-FR": "plus de 3 000 € et jusqu’à 6 000 €", "en-GB": "over €3,000 and up to €6,000" } }, { "id": "over-6000", "above": 6000, "up_to": null, "rate": 8.56, "average_rate": 6.42, "label": { "fr-FR": "plus de 6 000 €", "en-GB": "over €6,000" } } ] }, "revolving": { "max_months": [ { "id": "up-to-3000", "above": null, "up_to": 3000, "months": 36 }, { "id": "over-3000", "above": 3000, "up_to": null, "months": 60 } ], "amount_basis": "credit granted (montant total du crédit); the page uses the balance when the credit granted is not entered", "min_capital_percent_variable": [ { "above": null, "up_to": 3000, "percent": 1 }, { "above": 3000, "up_to": null, "percent": 0.5 } ], "min_instalment": 15, "rule": "Each instalment includes a minimum repayment of capital R = α × K, K being the capital owed after the last drawdown (D312-27). With constant instalments α follows from the TAEG and a total repayment time of no more than 36 months for a revolving credit of 3,000 € or less and 60 months above; with variable instalments α is at least 1 % (3,000 € or less) or 0.5 % (above), and the repayment of the amount used can never take more than 36 or 60 months. No instalment may be below 15 €, except the last one that clears the balance (D312-28). Both are set for monthly instalments (D312-29).", "legal_basis": "Code de la consommation, art. L312-65, D312-27, D312-28 and D312-29 (décret n° 2016-884 du 29 juin 2016)", "valid_from": "2016-07-01", "valid_until": null, "source_url": "https://www.legifrance.gouv.fr/codes/section_lc/LEGITEXT000006069565/LEGISCTA000032807458/", "source_date": "2016-07-01", "retrieved": "2026-11-11", "see_also": [ "https://www.legifrance.gouv.fr/codes/article_lc/LEGIARTI000032807472", "https://www.service-public.gouv.fr/particuliers/vosdroits/F2436" ] }, "apr": { "rule": "TAEG: the rate that equates, on an annual basis, the present value of drawdowns and of repayments and charges; time in years, a year being 12 equal months; result to at least one decimal place. With one payment a month and no charges, the monthly rate is (1 + TAEG)^(1/12) − 1.", "legal_basis": "Code de la consommation, art. R314-3 and its annex", "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" } }, "GB": { "name": { "fr-FR": "Royaume-Uni", "en-GB": "United Kingdom" }, "currency": "GBP", "usury": null, "revolving": null, "apr": { "rule": "APR: the rate that equates, on an annual basis, the present value of drawdowns and of repayments and charges; time in years, a year being 12 equal months of 30.41666 days; result to at least one decimal place. With one payment a month and no charges, the monthly rate is (1 + APR)^(1/12) − 1.", "legal_basis": "Directive 2008/48/EC, Annex I, as it stood on IP completion day (legislation.gov.uk); for UK lenders the same rules sit in the FCA Handbook, CONC App 1.2 (not opened for this table)", "valid_from": "2011-02-01", "valid_until": null, "source_url": "https://www.legislation.gov.uk/eudr/2008/48/annex/I", "source_date": "2020-12-31", "retrieved": "2026-11-11" }, "statement_warning": { "text": "Minimum payments: If you make only the minimum payment each month, it will take you longer and cost you more to clear your balance.", "legal_basis": "Consumer Credit (Information Requirements and Duration of Licences and Charges) Regulations 2007 (SI 2007/1167), Schedule 2, paragraph 1", "valid_from": "2008-10-01", "valid_until": null, "source_url": "https://www.legislation.gov.uk/uksi/2007/1167/schedule/2", "source_date": "2008-10-01", "retrieved": "2026-11-11" }, "minimum_payment_agreement_2010": { "note": "Voluntary agreement that credit and store card companies signed up to in 2010, not a statute: minimum payments on new accounts cover at least interest, fees and charges plus 1 % of principal (paragraph 44 of the source). Recorded for the page's FAQ only; the handler does not apply it, because its current status could not be confirmed on an official source.", "percent_of_principal": 1, "legal_basis": "BIS, Managing borrowing and dealing with debt: call for evidence (October 2010), paragraph 44", "valid_from": null, "valid_until": null, "source_url": "https://assets.publishing.service.gov.uk/media/5a78c049e5274a2acd189822/bis-10-1185-managing-borrowing-call-for-evidence.pdf", "source_date": "2010-10-15", "retrieved": "2026-11-11" } } } }