Credit rules to change in 2026

Starting in November 2026, new rules will govern consumer credit and overdrafts under 200 euros. These changes aim to address concerns about irresponsible lending and protect consumers, particularly younger individuals who are more likely to use such services.

Risks of small loans

The lack of regulation for small loans has led to problems, including high interest rates, hidden fees, and unexpected debt accumulation. A 2025 study by the Bank of France found a significant rise in over-indebtedness among those under 30, with a 65% increase in the 18-25 age group.

New lending requirements

From November 20, 2026, all loans under 200 euros—including mini-credits, deferred payments, and installment payments—will require a solvency check by financial institutions. This is similar to the checks required for other types of consumer loans, ensuring borrowers can repay their debts.

Overdrafts under 200 euros remain

Overdrafts under 200 euros will not be eliminated, despite some claims to the contrary. However, banks will assess the financial situation of customers before granting or maintaining these overdrafts, just as they already do for larger amounts.

Workarounds for lenders

Some companies offering mini-credits have found ways to comply with the new rules by requesting online access to customers’ bank accounts through open banking. This allows them to assess solvency without conducting a full financial review.

New advertising rules

Starting in November 2026, lenders must include a warning in their advertisements that loans cost money and must be repaid. They can no longer emphasize how easy it is to obtain credit, aiming to make borrowers more aware of the financial commitment involved.

Debt renegotiation and support

Financial institutions will be required to offer debt renegotiation options, such as extending repayment periods or reducing interest rates, to borrowers who are struggling. They must also provide free access to debt counseling services for those in need.