64Article 4(1) and (2) of Directive 87/102 provides that the credit agreement must be made in writing and that the written agreement must include a statement of the APR and the conditions under which it may be amended. Article 1a of that directive lays down the methods of calculation of the APR and stipulates, in paragraph 4(a), that it is to be calculated ‘at the time the credit contract is concluded’. That information for the consumer, of the total cost of credit, in the form of an interest rate calculated according to a single mathematical formula, is of critical importance (see, to that effect, judgment of 16 November 2010, Pohotovost’, C‑76/10, EU:C:2010:685, paragraphs 69 and 70).
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