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Toward Soundness in Provision of Credits and Loans to Young Adults

  • Viktor ElliotEmail author
  • Ted Lindblom
Chapter

Abstract

Historically, over-indebtedness was a problem to be addressed at the nation-level across the European Union (EU). Today it has become a cross-European topic dealt with at an EU-level. In this chapter, we emphasize the policy measures that can be implemented to reduce excessive debt reliance and the potential implications of such policy measures. The policy measures discussed here include credit market regulation, consumer protection, early identification, and prevention of over-indebtedness. We conclude that coordination between these measures is pivotal in order to provide incentives for both young borrowers and creditors to make sound decisions.

Keywords

Over-indebtedness Credit market regulation Consumer protection Early identification and prevention 

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Copyright information

© The Author(s) 2019

Authors and Affiliations

  1. 1.School of Business, Economics and LawUniversity of GothenburgGöteborgSweden

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