EBA Consultation Draft Guidelines on creditworthiness assessment under the Mortgage Credit Directive

February 2015 - BEUC welcomes the opportunity to comment on the EBA Consultation Paper 2014/42 “Draft Guidelines on creditworthiness assessment”. The borrowers’ creditworthiness refers to the borrower’s financial capacity to repay a loan without creating financial hardship throughout the term of the credit contract. The objective pursued by the borrower’s creditworthiness assessment should be the [...]