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Toward Soundness in Provision of Credits and Loans to Young Adults

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Indebtedness in Early Adulthood

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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.

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Authors and Affiliations

  1. School of Business, Economics and Law, University of Gothenburg, Göteborg, Sweden

    Viktor Elliot & Ted Lindblom

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  1. Viktor Elliot
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  2. Ted Lindblom
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Correspondence to Viktor Elliot .

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Editors and Affiliations

  1. School of Business, Economics and Law, University of Gothenburg, Göteborg, Sweden

    Jeanette Carlsson Hauff

  2. School of Business, Economics and Law, University of Gothenburg, Göteborg, Sweden

    Tommy Gärling

  3. School of Business, Economics and Law, University of Gothenburg, Göteborg, Sweden

    Ted Lindblom

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Elliot, V., Lindblom, T. (2019). Toward Soundness in Provision of Credits and Loans to Young Adults. In: Hauff, J., Gärling, T., Lindblom, T. (eds) Indebtedness in Early Adulthood. Palgrave Macmillan, Cham. https://doi.org/10.1007/978-3-030-13996-4_8

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  • DOI: https://doi.org/10.1007/978-3-030-13996-4_8

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  • Publisher Name: Palgrave Macmillan, Cham

  • Print ISBN: 978-3-030-13995-7

  • Online ISBN: 978-3-030-13996-4

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