LEADER 04285nam 2200469 450 001 9910510581103321 005 20230630001421.0 010 $a9783030882310$b(electronic bk.) 010 $z9783030882303 035 $a(MiAaPQ)EBC6812131 035 $a(Au-PeEL)EBL6812131 035 $a(CKB)19919154700041 035 $a(OCoLC)1287135816 035 $a(EXLCZ)9919919154700041 100 $a20220818d2021 uy 0 101 0 $aeng 135 $aurcnu|||||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aConsumer credit in Europe $emacro- and microeconomic perspectives /$fMaria Lissowska 210 1$aCham, Switzerland :$cPalgrave Macmillan,$d[2021] 210 4$d©2021 215 $a1 online resource (136 pages) 311 08$aPrint version: Lissowska, Maria Consumer Credit in Europe Cham : Springer International Publishing AG,c2021 9783030882303 320 $aIncludes bibliographical references and index. 327 $aIntro -- Acknowledgements -- Contents -- About the Author -- List of Graphs -- List of Tables -- 1 Introduction -- 2 Trends and Role of Consumer Credits in the European Economy -- 2.1 Statistics on the Growth of Consumer Credits in the Period 1995-2019 in EU Member States -- 2.2 Reasons for the Differentiated Dynamics of Consumer Credits in the Last 20 years -- 2.3 Role of Consumer Credits at the Macroeconomic Level in Europe -- 2.4 The Particular Case of Consumer Credits in Post-transition Countries -- 2.5 Impact of COVID-19 on Consumer Credit -- 2.6 Conclusion: Impact of Consumer Credits on Growth and on Stability -- Bibliography -- 3 The Changing Landscape of Providing Consumer Credit -- 3.1 Factors Influencing Recent Changes in the Consumer Credit Landscape -- 3.2 Assessment of the Size of Digital Activity in Providing Consumer Credits -- 3.3 New Business Models, Opportunities and Risks for Consumers and Providers -- General Factors-Technology -- Legal Environment -- Types of Credits and Selling Channels -- Profiling and Personalization -- Changes in the Process of Providing Financial Products -- Consumer Protection Issues -- 3.4 Changes in Structures: Cooperation or Competition Between Incumbent and New Providers? -- 3.5 Conclusion -- References -- 4 Regulatory Framework of the Consumer Credits Market in Europe -- 4.1 Legal Framework of the Functioning of the Market -- 4.2 Specificity of Financial Law Protecting Consumers -- Reasons for Consumer Protection -- Potential Reasons for Non-compliance: Balance of Costs and Benefits -- 4.3 European Legislation Protecting Consumers When Taking Consumer Credit -- History of Consumer Credit Directive -- The Contents of Consumer Credit Directive -- Level of Compliance with CCD -- 4.4 Other Legislation Protecting European Consumers When Taking Consumer Credit -- Mortgage Credits Directive. 327 $aDistance Marketing of Financial Services Directive -- Unfair Contract Terms Directive -- Unfair Commercial Practices Directive -- 4.5 Further Legislative Changes -- Review of CCD -- Possible Review of DMFSD -- Review of MCD -- 4.6 Conclusion -- References -- 5 Inequalities and Use of Financial Products in Comparison with the Concept of the Life Cycle of a Household -- 5.1 Introduction -- 5.2 Basic Life Cycle Theory and Further Developments -- 5.3 Recent Development of Inequality and Its Impact on Financial Decisions of Households -- 5.4 Evidence on the Financial Decisions of Households from Eurosystem Household Finance and Consumption Survey -- General Features of the Survey -- Savings and Financial Assets -- Credits -- Back to Lifetime Hypothesis -- 5.5 Conclusion -- References -- 6 Conclusion -- Glossary -- Index. 606 $aGlobal Financial Crisis, 2008-2009 606 $aCOVID-19 Pandemic, 2020- 606 $aConsumer credit 615 0$aGlobal Financial Crisis, 2008-2009. 615 0$aCOVID-19 Pandemic, 2020- 615 0$aConsumer credit. 676 $a330.90511 700 $aLissowska$b Maria$01068798 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 912 $a9910510581103321 996 $aConsumer Credit in Europe$92553774 997 $aUNINA