Personal Debt In Europe

Download or read book Consumer Debt and Social Exclusion in Europe written by Professor Hans W Micklitz and published by Ashgate Publishing, Ltd.. This book was released on 2015-07-28 with total page 265 pages. Available in PDF, EPUB and Kindle. Book excerpt: This study fills a vital gap in the current literature on the effects of the financial and economic crisis, and features detailed reports from six European countries which form the empirical background for five analyses of different aspects of the social inclusion-exclusion dichotomy through over-indebtedness in Europe since 2008. The account shows how the current design of the consumer credit and mortgage system in Europe has helped to produce individual over-indebtedness while disregarding the consequential danger of social exclusion.