An in-depth study of consumer credit markets in Spain, Romania and Ireland exposed widespread lending malpractices

Analysis of data collected identifies many troubling malpractices by lenders, which result in consumer credit being frequently mis-sold. Vulnerable consumers are particularly at risk of becoming over-indebted, which exacerbates an already alarming non-performing loan (NPL) problem in the European Union. Finance Watch recommends rule changes to Directive based on findings  from mystery shopping research conducted in Spain, Ireland […] The post An in-depth study of consumer credit markets in Spain, Romania and Ireland exposed widespread lending malpractices appeared first on NOCASH ® de 19 ani.

An in-depth study of consumer credit markets in Spain, Romania and Ireland exposed widespread lending malpractices

Analysis of data collected identifies many troubling malpractices by lenders, which result in consumer credit being frequently mis-sold. Vulnerable consumers are particularly at risk of becoming over-indebted, which exacerbates an already alarming non-performing loan (NPL) problem in the European Union. Finance Watch recommends rule changes to Directive based on findings  from mystery shopping research conducted in Spain, Ireland […]

The post An in-depth study of consumer credit markets in Spain, Romania and Ireland exposed widespread lending malpractices appeared first on NOCASH ® de 19 ani.