Decision on proof
Data used, model version and outcome anchored for every application.
Every credit decision, on proof.
Consumer Credit Directive 2
The new Consumer Credit Directive tightens creditworthiness checks, brings buy now pay later into scope and gives consumers the right to a human review of automated decisions. Reltime proves each decision as it is made.
Who it hits.
Banks, consumer lenders, credit intermediaries and buy now pay later providers lending to consumers in the EU, for most credit up to EUR 100,000.
What it demands.
- Art. 18Creditworthiness assessed on relevant and accurate information
- Art. 18A right to human intervention and an explanation when the decision is automated
- Art. 2Buy now pay later and small loans brought into scope
- Art. 8–10Clear pre-contractual information and advertising rules
- 20 Nov 2025
- Transposition deadline
- 20 Nov 2026
- National laws apply
Applies from 20 Nov 2026 through national law
What Reltime runs. In real time.
Human review provable
Who reviewed an automated decision, when and with what result.
Payout gated
Funds released only when the approval is anchored.
Explanations on demand
The basis for any decision retrieved in seconds.
Edits alert
A decision file changed after the fact raises an alert at once.
RELTIME VERIFICATION RECEIPTExample
- Event
- Loan application LA-30917 · approved
- Assessed by
- scoring v4.1 · officer.07 verified
- Rule
- credit-policy v2.8
- Time
- 2026-10-14 13:16:27.430 CET
- Fingerprint
- b6e1…48d2 · unchanged ✓
One receipt. Every auditor.
Who acted, which rule applied and whether anything changed. Created the second it happened. Verified by any authorised party without access to your systems.
Live in four weeks.
- Week 1
Map one credit product and connect the decision engine
- Week 2
Configure the rail, roles and alerts
- Week 3
Test with your counsel or auditor
- Week 4
Run in real time and deliver the first evidence pack
AI Act · Regulation (EU) 2024/1689Every AI decision, traceable.Open the AI Act rail →AMLR · Regulation (EU) 2024/1624Know your customer every day.Open the AMLR rail →
Also relevantGDPR