3.14 Article 25(6) of CCD2

‘Overrunning’ means a tacitly accepted overdraft whereby a creditor makes available to a consumer funds that exceed the current balance in the consumer's current account or the agreed overdraft facility. In the event of a significant overrun exceeding a period of one month, the creditor should present the consumer without delay with information on the overrun, including the amount involved, the borrowing rate and any applicable penalties, charges or interest on arrears. In the case of regular overrunning, the creditor should offer the consumer advisory services, where available, to help the consumer identify less expensive alternatives, and redirect the consumer towards debt advisory services.  Member States may provide for more stringent provisions to protect consumers holding an overrunning.  Any such provisions must be in accordance with EU Law.

Question 14 – Should there be more stringent consumer protection provisions above those provided for in Article 25 of CCD2?