(1) Subject to Regulation 10, in good time before a consumer is bound by a credit agreement or an offer of credit, the creditor concerned and any credit intermediary involved shall provide the consumer with the information needed to compare different offers in order to take an informed decision on whether to conclude a credit agreement. That information (in these Regulations called the "Standard European Consumer Credit Information") is -

(a) the type of credit,

(b) the name and the geographical address of the creditor and the name and geographical address of any credit intermediary involved,

(c) the total amount of credit and the conditions governing its drawdown,

(d) the duration of the credit agreement,

(e) in relation to credit in the form of deferred payment for a specific good or service and a linked credit agreement, the good or service concerned and its cash price,

(f) the following information in relation to borrowing rates:

(i) the initial borrowing rate;