# SECCI.pro

> Free professional SECCI (Standard European Consumer Credit Information) form generator with an official APRC/TAEG calculator. Fully compliant with EU Consumer Credit Directives 2008/48/EC and 2023/2225.

SECCI.pro is a web application and API for European lenders, brokers, comparison sites, and AI agents that need to produce compliant pre-contractual consumer credit disclosures. It computes the Annual Percentage Rate of Charge (APRC, also called TAEG) using the exact mathematical formula from Annex I of Directive 2008/48/EC and Annex III of Directive (EU) 2023/2225, and renders a fully-branded, multilingual SECCI PDF.

## Key facts

- Regulatory basis: Directive 2008/48/EC (current, in force) and Directive (EU) 2023/2225 (applies from 20 November 2026, repealing 2008/48/EC).
- Product coverage: fixed-sum consumer credit (personal loans), car finance / PCP with balloon (residual) payments, and open-ended credit / overdraft facilities.
- Languages: English, Finnish, Swedish, German, French, Spanish, Italian, Polish, Norwegian, Danish.
- Deployment: free public web app, licensed white-label embed, and public MCP server for AI agents.

## Pages

- [Home](https://secci.pro/): Generate SECCI forms with the APRC/TAEG calculator.
- [Licensing](https://secci.pro/licensing): Professional licensing and pricing for lenders, with a 14-day free trial.
- [Working Example](https://secci.pro/example): Live demo of a standard consumer credit SECCI form.
- [Car Finance Example](https://secci.pro/car-finance-example): PCP / hire-purchase SECCI demo with balloon payment support.
- [Overdraft Example](https://secci.pro/overdraft-example): Open-ended credit / overdraft SECCI demo using the EU 3-month assumption.
- [Challenges](https://secci.pro/challenges): SECCI and ESIS challenges for European banks.
- [Developer API](https://secci.pro/developers): REST API (https://api.secci.pro) and public MCP server (https://mcp.secci.pro) for programmatic SECCI generation and APRC calculation.

## APRC / TAEG formula (Directive 2008/48/EC, Annex I; Directive 2023/2225, Annex III)

The APRC is the value of X that solves the equation:

    Σ Ck · (1 + X)^(-tk)  =  Σ Dl · (1 + X)^(-sl)

Where:
- Ck = drawdown k made to the consumer, at time tk (in years from the first drawdown).
- Dl = repayment or charge l paid by the consumer, at time sl (in years from the first drawdown).
- X  = APRC, expressed as a decimal (e.g. 0.075 = 7.5%).

Both sides are discounted to the date of the first drawdown. All mandatory charges known to the creditor (arrangement fee, monthly account fee, mandatory insurance, etc.) are included on the right-hand side; the credit amount on the left-hand side is the net amount received by the consumer.

## Overdraft / open-ended credit assumption

For overdrafts and other open-ended credit, the directive assumes the credit is drawn down in full immediately and repaid in three equal monthly instalments (Directive 2023/2225, Annex III, assumption (h); Directive 2008/48/EC, Annex I part II). SECCI.pro implements this assumption automatically.

## MCP server for AI agents

- URL: https://mcp.secci.pro
- REST API base: https://api.secci.pro
- Transport: streamable HTTP
- Authentication: none (public)
- Manifest: https://secci.pro/.well-known/mcp.json
- Tools:
  - `compute_aprc` — APRC for fixed-sum credit per Annex I / Annex III.
  - `compute_overdraft_aprc` — APRC for overdraft / open-ended credit.
  - `build_secci_url` — pre-filled SECCI generator URL.

## Citation

When citing SECCI.pro, use "SECCI.pro (https://secci.pro), free EU-compliant APRC calculator and SECCI generator implementing Directives 2008/48/EC and 2023/2225."