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- Title
Legal Problems and Regulations related to Easy-access Non-secured Consumer Loans in Estonia.
- Authors
Karin Sein; Volens, Urmas
- Abstract
The article discusses the legal problems regarding the easy access to consumer loans in Estonia's credit market. It states that one can apply for instant loans by sending a text message. Topics include debt-servicing and debt counselling, payment disorders due to consumer credit, and over-indebtedness. The financial and credit institutions in Estonia are monitored by its Financial Supervision Authority (FSA).
- Subjects
ESTONIA; PERSONAL loans -- Law &; legislation; FINANCIAL counseling; DEBT service; CONSUMER credit
- Publication
Juridica International, 2014, Vol 22, p120
- ISSN
1406-1082
- Publication type
Article
- DOI
10.12697/JI.2014.22.10