The European Commission has held a consultation on the issue of whether the interest rate that may be charged on credit to consumers should be capped at EU level. The consultation period closed on 22 March 2011. Since then a report has been published containing an overview of the feedback received. The prevailing view seems to be that the imposition of a maximum interest rate at EU level is not advisable. Some of the respondents do support the creation of a general framework based on which maximums at national level can be imposed.

In the context of the implementation of the Consumer Credit Directive, the Dutch Minister of Finance has announced his intention to investigate whether the cap currently applicable in the Netherlands should be changed.