Mortgage Credit Directive

The mortgage credit directive is a set of rules that grown-ups made to make sure banks and other companies that give people money for a house are fair and honest. These rules tell the banks how they should explain what they're doing and how much money they're lending to people who want to buy a house. The rules also make sure that people who want to buy a house can afford to pay back the money they borrow. It's kind of like when your parents tell you that you have to earn some money to buy your favorite toy instead of just asking them for it all the time. The mortgage credit directive is like a big grown-up version of that, to make sure everyone is being responsible with their money when it comes to buying a house.