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in Italy. By focusing on the economic relevance of the delict of usury, this paper analyses the expedience of measures …Die Diskussion über den Kreditwucher und dessen Zu- oder Unzulässigkeit beschäftigt seit Jahrhunderten Philosophen … dar. Neu und äußerst Besorgnis erregend dabei sind jedoch die in Italien beobachteten, zunehmenden Verflechtungen zwischen …
Persistent link: https://www.econbiz.de/10010305670
in Italy. By focusing on the economic relevance of the delict of usury, this paper analyses the expedience of measures …Die Diskussion über den Kreditwucher und dessen Zu- oder Unzulässigkeit beschäftigt seit Jahrhunderten Philosophen … dar. Neu und äußerst Besorgnis erregend dabei sind jedoch die in Italien beobachteten, zunehmenden Verflechtungen zwischen …
Persistent link: https://www.econbiz.de/10009207003
Persistent link: https://www.econbiz.de/10001744234
Persistent link: https://www.econbiz.de/10000967365
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Systemic … usury exploits poverty by shifting usury into additional products and leveraging usury gains by stringing together … individual loan agreements. This paper reviews the economic rationale for usury legislation and on this basis evaluates the …
Persistent link: https://www.econbiz.de/10012027590
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the … term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by … contracts. This paper reviews the economic rationale for usury legislation and evaluates the European Consumer Credit Directive …
Persistent link: https://www.econbiz.de/10012132614
Usury is a frequent occurrence in consumer credit markets and particularly affects low-income households. Although the … term usury conjures images of a greedy individual consciously acting to exploit the weak bargaining position of another by … contracts. This paper reviews the economic rationale for usury legislation and evaluates the European Consumer Credit Directive …
Persistent link: https://www.econbiz.de/10012507235
lenders who could make small loans at interest rates exceeding those allowed for banks under the normal usury laws. About two … ; small loans ; consumer credit ; usury laws …
Persistent link: https://www.econbiz.de/10003841394
A recent dramatic rise in subprime foreclosures has led to calls for restrictions against a range of loan features loosely termed “predatory.” Several cities and states have enacted regulations to curb predatory practices, and some advocacy groups endorse action at the federal level. Using...
Persistent link: https://www.econbiz.de/10013122288
Using data on subprime mortgages from ten cities, I examine geographic variation in the effects of prepayment penalties, balloon loans, and reduced documentation on the probabilities of foreclosure and prepayment. Results indicate that across cities, reduced documentation is consistently related...
Persistent link: https://www.econbiz.de/10013122304