06 Juil Credit agreements for consumers – Directive 2008/48/EC
Article 23 of Directive 2008/48/EC of the European Parliament and of the Council of 23 April 2008 on credit agreements for consumers and repealing Council Directive 87/102/EEC must be interpreted as meaning that the examination of the effectiveness, proportionality and dissuasiveness of the penalties provided for in that provision, in the event, inter alia, of the failure to comply with the obligation to examine the creditworthiness of the consumer, laid down in Article 8 of that directive, must be carried out taking into account, in accordance with the third paragraph of Article 288 TFEU, not only the provision adopted specifically in national law to transpose that directive, but also all the provisions of that law, interpreting them, so far as possible, in the light of the wording and objectives of that directive, so that those penalties meet the requirements laid down in Article 23 thereof.
ECJ, 10 June 2021, Case C-303/20, Ultimo Portfolio Investment (Luxembourg) S.A. v KM.
https://curia.europa.eu/juris/document/document.jsf?text=&docid=242562&pageIndex=0&doclang=EN&mode=lst&dir=&occ=first&part=1&cid=2322139
