Loan Calculator
Works out the monthly payment, total interest and full repayment schedule for any loan from…
Checks whether a sale discount is real by measuring it against the lowest price of the previous 30 days, as the EU price-reduction rule requires.
The Fake Discount Checker measures a sale price against the lowest price of the previous 30 days, which is the reference EU law requires a shop to show when it announces a price reduction.
Article 6a of Directive 98/6/EC, inserted by Directive (EU) 2019/2161, says any announcement of a price reduction must indicate the prior price, and that the prior price is the lowest price the trader applied in a period of at least 30 days before the reduction. Countries may set different rules for goods that go off quickly, may allow a shorter period for products on sale for less than 30 days, and may let a progressively increasing reduction keep the price from before the first cut.
It is arithmetic on the prices you enter. It cannot see the shop’s price history; a tracker can. It applies EU rules only: the UK and US have their own rules on reference prices. A suspected breach is a matter for your national consumer authority.
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