Ley n° 7/95 de 23/03/1995 de Crédito al Consumo BOE n° 72 de 25/03/1995 Página 9370 (Marginal 7458)

This legislation establishes the legal framework for consumer credit agreements in Spain. It aims to protect consumers by ensuring transparency in lending contracts and regulating the terms under which loans are granted to individuals for non-commercial purposes. The law primarily affects individual consumers and financial institutions providing loans. It ensures that borrowers receive clear information about interest rates and repayment terms before signing a contract.