The Future of Consumer Credit Regulation: Creative Approaches to Emerging Problems, 1st Edition (e-Book) book cover

The Future of Consumer Credit Regulation

Creative Approaches to Emerging Problems, 1st Edition

By Michelle Kelly-Louw, Peter Rott

Edited by James P. Nehf


256 pages

Purchasing Options:$ = USD
Paperback: 9781138260054
pub: 2016-11-11
Hardback: 9780754674177
pub: 2008-10-01
eBook (VitalSource) : 9781315239491
pub: 2016-12-05
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Effective regulation of consumer credit in modern society is an ever-changing challenge. As new forms of credit emerge in free societies, regulation often lags behind. This volume explores contemporary problems related to the regulation of consumer credit in market economies with a focus on credit extended to the most vulnerable and poorest members of the community. Written by experts in the field of consumer credit regulation from Europe, North America, Australia and South Africa, the book examines some of the most important consumer credit issues facing consumers today and proposes innovative ways to protect the consumer interest in those markets.


'Consumer credit reforms seem to be everywhere in the contemporary world. This book is brimming with comparative ideas on reform and international reflections on the increasing financialization of our daily lives.' Iain Ramsay, University of Kent, UK 'The Future of Consumer Credit Regulation is extremely well-written meaning that complex topics are explained logically. Each essay is superbly researched meaning it can form an excellent starting point for further research…[this book] is an indispensable text for anyone studying or practising in this challenging and interesting area of law.' The Student Law Journal

Table of Contents

Contents: Preface; Introduction; Part I Emerging Paradigms: Financial literacy and the creation of financial citizens, Gail Pearson; Broad standards as a vehicle for consumer rights: the case of financial products in the United Kingdom, Iain MacNeil; From status to contract: evolving paradigms for regulating consumer credit, Rashmi Dyal-Chand; The EU financial services policy and its effect on consumer law, Manfred Westphal. Part II Responsible Lending: Responsible lending or restrictive lending practices? Balancing concerns regarding over-indebtedness with addressing financial exclusion, Therese Wilson; Payday loans: unintended consequences of American efforts to tame the beast, Mary Spector; Credit alternatives and micro-lending in American immigrant communities, James P. Nehf. Part III Debt Relief and Insolvency: Better consumer protection under the statutory 'in duplum' rule, Michelle Kelly-Louw; A struggling social safety net: global lessons from bankruptcy and healthcare reforms in the United States, France and England, Robert J. Landry III and Amy K. Yarborough; The reform of administration orders within a new consumer credit framework, André Boraine; Defining the unincorporated business in financial distress: should it be treated as a business or a consumer?, Anneli Loubser; Index.

About the Authors/Editor

Michelle Kelly-Louw is Associate Professor in the Department of Mercantile Law, UNISA, South Africa. James P. Nehf is Professor of Law and Cleon H. Foust Fellow, Indiana University School of Law. Peter Rott is Professor of Law, Universität Bremen.

About the Series

Markets and the Law

Markets and the Law
Markets and the Law is concerned with the way the law interacts with the market through regulation, self-regulation and the impact of private law regimes. It looks at the impact of regional and international organizations (eg EC and WTO) and many of the works adopt a comparative approach and/or appeal to an international audience. Examples of subjects covered include trade laws, intellectual property, sales law, insurance, consumer law, banking, financial markets, labour law, environmental law and social regulation affecting the market as well as competition law. The series includes texts covering a broad area, monographs on focused issues, and collections of essays dealing with particular themes.

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Subject Categories

BISAC Subject Codes/Headings:
LAW / General