Glossary entry

French term or phrase:

décompte Scrivener

English translation:

The Scrivener rules

Added to glossary by jeantrans (X)
Aug 31, 2011 06:45
12 yrs ago
3 viewers *
French term

décompte Scrivener

French to English Bus/Financial Finance (general)
Le cédant déclare que les créances cédées sont des créances:

dont le dossier physique existe and comporte au minimum la preuve de l’existence de la
créance (à savoir, l’offre préalable de crédit, l’avis déchéance du terme, l’historique du
compte, le décompte Scrivener).

After doing some research, I learned that the Scrivener law is a French law protecting consumers.
However, I'm still not sure how to render this term in English.

Scrivener detailed account?
Scrivener (payment) breakdown?
Proposed translations (English)
4 +1 The Scrivener rules

Discussion

Lori Cirefice Aug 31, 2011:
décompte I also did a little research, and it's hard to determine what exactly is meant by "décompte" here, I am guessing that it's the "tableau d'amortissement" which is required by the Scrivener law, but I'm not sure. Here is one example of how "décompte" is used in this context http://tinyurl.com/3s2cl2f

Proposed translations

+1
11 hrs
Selected

The Scrivener rules

The Scrivener Law is a landmark French legislation establishing rules of disclosure and consumer protection that lenders must follow in dealings with individual borrowers for residential loans. This regulation ties the purchase contract with the loan contract. It also improves information given to borrowers, and stipulates that borrowers be informed of the Annual Percentage Rate, potential total cost and any special loan terms. It also imposes a compulsory 10 day cooling-off period to the borrower after receiving a loan offer. It finally limits penalties in case of default or advanced loan repayment
Peer comment(s):

agree piazza d
3 hrs
Thankyou cross stitch!
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4 KudoZ points awarded for this answer. Comment: "Thanks to everyone. Lori, I was also thinking what you suggested. Fourth, since you seem quite informed on this subject, I decided to go with your answer."

Reference comments

6 hrs
Reference:

Scrivener Law of 1978

Glossary on French mortgage - GE Money Bank
mortgage-in-europe.com/france/guide-buying.../glossary.html
Assurance en couverture de prêt - Borrower's Term Life Insurance ... It requires the policy holder to pay only for the cost of protection against death and for .... The Scrivener Law is a landmark French legislation establishing rules of disclosure ...

[PDF] Consumer Protection in French and British Credit Markets
www.jchs.harvard.edu/publications/finance/.../ucc08-17_trum...
PDF/Adobe Acrobat - Quick View
The basic consumer protection provisions for consumer lending in France were legislated in the Scrivener law of 1978 (law 78-22, transcribed as articles 311- ...

Loi Scrivener - Wikipédia -
fr.wikipedia.org/wiki/Loi_Scrivener
La loi n°78-22 du 10 janvier 1978 sur la protection et l'information des consommateurs dans certains domaines du crédit dite loi Scrivener a pour objectif ...

Loi Scrivener -
www.loiscrivener.com/
La loi Scrivener relative à la protection de l'emprunteur régit non seulement l'offre de prêt et les modalités de conclusion du contrat mais aussi les publicités ...
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