Description
This excerpt from the book, "The Future of Consumer Credit Regulation Markets and the Law" discusses the challenges of regulating consumer credit in modern society and how new forms of credit often lag behind regulation. The book also discusses some of the most important consumer credit issues facing consumers today and proposes innovative ways to protect the consumer interest.
Effective regulation of consumer credit in modern society is an ever-changing challenge. As new forms of credit emerge in free societies, regulation often lags behind. This volume explores contemporary problems related to the regulation of consumer credit in market economies with a focus on credit extended to the most vulnerable and poorest members of the community. Written by experts in the field of consumer credit regulation from Europe, North America, Australia, and South Africa, the book examines some of the most important consumer credit issues facing consumers today and proposes innovative ways to protect the consumer interest in those markets.