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New rules will govern access to the bank overdraft as of November 2026, which will then be considered a consumer credit. The share of households benefiting from it could decrease sharply.
The French banking landscape evolves with the integration of the bank overdraft in the context of consumer credit as early as November 2026. This reform could restrict access to the overdraft for millions of...
The Bank of France has announced that, as of 20 November 2026, all overdrafts (regardless of duration or amount) would be considered consumer loans.
Cash facilities and overdrafts will have to be subject to a credit assessment of the customer's creditworthiness.
From an amount of €200 overdraft, the customer's "solvency" will be assessed to "ensure that he is able to repay".
An order will enter into force in November 2026, transposing a European directive of 2023, which will bring the bank overdraft into the consumer credit system. Figaro will explain what this regulation will change in practice.
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