ECLI:NL:RBAMS:2018:1058
ECLI:NL:RBAMS:2018:1058
AI generated
Court invalidates unfair 15% overdraft interest clause under EU Directive and awards only €250 principal.
Netherlands (NL)
Legislator summary
AI generatedThe court dismissed the claim for contractual overdraft interest but awarded the plaintiff €250 principal and costs. ING admitted the defendant had an unauthorized overdraft and failed to repay, yet the court found the 15% interest rate significantly higher than legal rates. Consequently, the interest clause was declared unfair under the Unfair Contract Terms Directive, rendering the interest claim inadmissible while the principal debt remained enforceable.
Legislator headnote
AI generatedDirective 93/13/EEG; Article 3(1) and Annex 1(e): A contractual term stipulating an interest rate substantially higher than the legal rate for unauthorized overdrafts constitutes an unfair term disturbing the contractual balance to the detriment of the consumer.
Keywords
AI generated
unfair contract terms
overdraft interest rate
consumer protection directive
excessive penalty clause
good faith principle
contractual balance
interest cap
Cited Legislation
AI generatedDirective 93/13/EEG
Article 3(1) of Directive 93/13/EEG
Annex 1(e) of Directive 93/13/EEG
Article 3(3) of Directive 93/13/EEG
Article 2(b) of Directive 93/13/EEG
Cited Case Law
AI generatedHvJEU 30 april 2014, ECLI:EU:C:2014:282
HvJEU 21 januari 2015, ECLI:EU:C:2015:21
Related Decisions
AI generatedECLI:NL:RBNHO:2020:3503
Court dismisses bank's claim for early repayment of student account debt and credit due to missing statutory demand notices.
ECLI:NL:RBLIM:2014:3457
Bank's early loan demand dismissed due to failure to prove default under Consumer Credit Act.
ECLI:NL:RBGEL:2023:3150
Court dismisses claim for contractual interest and collection fees due to unfair terms and premature collection.
ECLI:NL:RBOVE:2019:4953
Bank's consumer credit claim dismissed due to missing statutory demand and invalid collection clause application.
ECLI:NL:RBGEL:2014:5667
Court allows bank claims for credit balances and contractual interest despite defendant's defenses.