Causes of Consumer Over-Indebtedness
Abstract Over-indebtedness of private households has been a problem in Germany for decades. Over-indebtedness depends on both the economic and financial vulnerability of people and their resilience potential. Social, economic and individual causes and triggers overlap in the process of over-indebted...
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| Format: | Article |
| Language: | deu |
| Published: |
Sciendo
2022-03-01
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| Series: | Wirtschaftsdienst |
| Online Access: | https://doi.org/10.1007/s10273-022-3128-1 |
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| Summary: | Abstract Over-indebtedness of private households has been a problem in Germany for decades. Over-indebtedness depends on both the economic and financial vulnerability of people and their resilience potential. Social, economic and individual causes and triggers overlap in the process of over-indebtedness. Therefore, for the systematic analysis of over-indebtedness, a differentiation of the causes, reasons and triggers is essential. The article also presents examples. |
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| ISSN: | 1613-978X |