Gesetz uber Verbraucherkredite und zur Änderung der Zivilprozeßordnung und anderer Gesetze vom 17/12/1990 Bundesgesetzblatt Teil I vom 22/12/1990 Seite 2840

This German federal law regulates the terms and conditions of consumer credit agreements. It aims to protect borrowers by ensuring transparency, fair lending practices, and clear information regarding the costs and risks associated with loans. This legislation primarily affects individual consumers and financial institutions. It also introduces amendments to the Code of Civil Procedure to align legal processes with consumer credit protections.