The Law And Consumer Credit Information In The European Community

Author: Federico Ferretti
Publisher: Routledge
ISBN: 1134044488
Size: 66.43 MB
Format: PDF
View: 1312
Consumer credit information systems are the tools used by the majority of lenders to manage credit risk, with lenders accessing credit reference databases managed by third party providers to evaluate a consumer’s credit application. So far, the subject of consumer credit reporting has been left to the predominant attention of the economic and business management scholarship and little or no consideration has been paid by lawyers. This book aims to rectify this by examining the legal framework and compliance in the European Community (EC) of such consumer information sharing arrangements which have become increasingly integrated in the credit granting practices of the Member States. The book looks at the laws which surround and affect consumer credit reporting, including bank secrecy obligations. Consumer credit reporting and its relationship to human rights is also explored, as every individual is in the EC is entitled to informational privacy. The book asks questions such as to what extent should the privacy of consumers be balanced against the aims and functions of consumer credit reporting, and how do the financial information sharing arrangements comply with the positive law, particularly the European data protection legislation?

Rethinking Eu Consumer Law

Author: Geraint Howells
Publisher: Routledge
ISBN: 135167532X
Size: 29.83 MB
Format: PDF, ePub, Mobi
View: 5076
In Rethinking EU Consumer Law, the authors analyse the development of EU consumer law on the basis of a number of clear themes, which are then traced through specific areas. Recurring themes include the artificiality of the EU’s consumer image, the problems created by the drive towards maximum harmonisation, and the unexpected effects EU Consumer Law has had on national law. The book argues that EU Consumer Law has the potential of enhancing the protecting of consumers throughout the EU and could offer a model for consumer law elsewhere in the world, but in order to unlock this potential, there needs to be a rethink with regard to the EU’s approach to consumer law and policy.

Handbook Of Research On International Consumer Law Second Edition

Author: Geraint Howells
Publisher: Edward Elgar Publishing
ISBN: 1785368214
Size: 29.34 MB
Format: PDF, ePub
View: 5090
Consumer law and policy continues to be of great concern to both national and international regulatory bodies, and the second edition of the Handbook of Research on International Consumer Law provides an updated international and comparative analysis of the central legal and policy issues, in both developed and developing economies.

Consumer Debt And Social Exclusion In Europe

Author: Hans-W. Micklitz
Publisher: Routledge
ISBN: 1317161262
Size: 59.45 MB
Format: PDF, ePub, Docs
View: 7754
This book analyses the dichotomy between the goal of social inclusion and the effect of social exclusion through over-indebtedness since 2008 in Europe. Filling a vital gap in the current literature on the effects of the financial and economic crisis, this volume puts into context academic discussion with the real-life dimension of over-indebtedness. Reports from six European countries provide socio-economic and legal information on over-indebtedness as well as the regulatory and judicial responses to the problems entailed by over-indebtedness. They form the empirical background for five analyses of different aspects of the inclusion-exclusion dichotomy. It becomes clear that in the context of credit expansion, individual over-indebtedness has turned into a social issue, which the current design of the consumer credit and mortgage system in Europe has helped to produce while disregarding the consequential danger of social exclusion.

Proposed Eu Consumer Credit Harmonisation Directive

Publisher: The Stationery Office
ISBN: 9780104007372
Size: 46.57 MB
Format: PDF, Docs
View: 842
The European Commission proposes to establish, through a directive, the legal conditions to create a single EU-wide market in consumer credit. This interim report details the emerging issues: (1) whether it is currently feasible or desirable to create such a single cross-border market; (2) what would be the consequences of imposing maximum (or total) harmonization which might forbid member states from introducing legal provision other than those in the directive; (3) whether it would be better to introduce appropriate EU-wide minimum standards for consumer credit transactions, to give greater certainty for credit suppliers and improved protection for EU consumers. The Committee doubts whether a single market can easily be created, and seriously questions the Commission's proposal on maximum harmonization. The alternative approach, setting minimum standards, is supported, and the Committee lists elements which might be incorporated into new EU-wide legislation.

Financial Privacy

Author: Nicola Jentzsch
Publisher: Springer Science & Business Media
ISBN: 3540733787
Size: 30.71 MB
Format: PDF, ePub, Mobi
View: 2084
In this updated edition, author Nicola Jentzsch provides an in-depth analysis of the economics and regulation of financial privacy. You get a comparative overview of credit reporting systems in the US and in the 27 member states of the European Union. This is the "most in-depth study of the history and economics of credit reporting to date," according to David Medine, former Associate Director of the U.S. Federal Trade Commission.

Comparative Perspectives Of Consumer Over Indebtedness

Author: Ferretti Federico
ISBN: 9789462366732
Size: 67.48 MB
Format: PDF, Docs
View: 7042
This book explores the topic of over-indebtedness of consumers and their inability to repay their debts. With a large number of people having excessive debt levels across Europe, it not only impacts badly on the lives of those who are affected, but also carries great social and economic costs. Therefore, it has become a concern for both national and EU policymakers, and requires adequate legal responses for the prevention of the problem and the alleviation of its effects. Responsible credit and personal insolvency are the main solutions discussed in this book alongside other practical aspects. The volume combines a range of multidisciplinary articles by recognised national academic and non-academic experts representing a diversity of interests in the UK, Germany, Greece and Italy. Written by academics, representatives of consumer organisations, practitioners, debt advisors and industry representatives, it is an important resource not only for their equivalents but also for policymakers, the judiciary and everyone involved in the understanding of the problem of consumer over-indebtedness. (Series: European and International Insolvency Law Studies, Vol. 3) [Subject: Commercial Law, International Law]

On The Road To Eu Accession

Author: Michael S. Borish
Publisher: World Bank Publications
ISBN: 9780821338001
Size: 67.31 MB
Format: PDF, Docs
View: 330
Analyzes the causes of the inflation, debt, and growth crises that have occurred over the past 25 years, the paths to recovery, and the role of foreign aid in resolving the problems.