Retail financial markets across the EU have been upset by large-scale mis-selling of financial products to consumers. As part of a series of five studies on this topic, this paper examines the problem of mis-selling with a particular focus on consumer credit. It identifies the most problematic products and practices in consumer credit markets that may cause consumer detriment and shows some important limitations of the current EU regulatory framework for consumer credit in providing adequate consumer protection.
|Publisher||European Parliament Directorate-General for Internal Policies|
|Commissioning body||European Parliament Committee on Economic and Monetary Affairs (ECON)|
|Number of pages||36|
|Publication status||Published - Jun-2018|