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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Main Author: Dieter Korczak
Format: Article
Language:deu
Published: Sciendo 2022-03-01
Series:Wirtschaftsdienst
Online Access:https://doi.org/10.1007/s10273-022-3128-1
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author Dieter Korczak
author_facet Dieter Korczak
author_sort Dieter Korczak
collection DOAJ
description 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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institution Kabale University
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spelling doaj-art-0b344969ed5243358ccf6da6b08d4b822025-02-02T21:04:56ZdeuSciendoWirtschaftsdienst1613-978X2022-03-01102317017410.1007/s10273-022-3128-1Causes of Consumer Over-IndebtednessDieter Korczak0GP ForschungsgruppeAbstract 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.https://doi.org/10.1007/s10273-022-3128-1
spellingShingle Dieter Korczak
Causes of Consumer Over-Indebtedness
Wirtschaftsdienst
title Causes of Consumer Over-Indebtedness
title_full Causes of Consumer Over-Indebtedness
title_fullStr Causes of Consumer Over-Indebtedness
title_full_unstemmed Causes of Consumer Over-Indebtedness
title_short Causes of Consumer Over-Indebtedness
title_sort causes of consumer over indebtedness
url https://doi.org/10.1007/s10273-022-3128-1
work_keys_str_mv AT dieterkorczak causesofconsumeroverindebtedness