Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability

The paper aims to demonstrate that the unprecedented granting of consumer credits to population in recent years, under the circumstances of a spectacular goods supply growth, has adversely affected some consumers, and jeopardized the protection of their life, health and safety. The research metho...

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Main Authors: Dragoş Ilie, Laura Ungureanu
Format: Article
Language:English
Published: Editura ASE 2014-02-01
Series:Amfiteatru Economic
Subjects:
Online Access:http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1256
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author Dragoş Ilie
Laura Ungureanu
author_facet Dragoş Ilie
Laura Ungureanu
author_sort Dragoş Ilie
collection DOAJ
description The paper aims to demonstrate that the unprecedented granting of consumer credits to population in recent years, under the circumstances of a spectacular goods supply growth, has adversely affected some consumers, and jeopardized the protection of their life, health and safety. The research method consists in a survey that gave, to a number of 560 credit beneficiaries, qua consumers, the opportunity to freely express their viewpoints. Data collection and processing has resulted in the filling of a 14 queries questionnaire by each of the 560 consumers in the South-Western Oltenia region and, subsequently, in data analysis. The main findings show that consumers have experienced a decline in what concerns their standard of living and that sustainable consumption of goods was barely stimulated. Based on the survey results, the paper proposes a banking accountability indicators system and a consumer credits quality pattern of analysis that would increase banking accountability towards such credits by reducing their negative externalities on people’s lives, stimulating sustainable consumption, giving thorough and accurate information, managing complaints and disputes, educating and raising consumers awareness.
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institution Kabale University
issn 1582-9146
2247-9104
language English
publishDate 2014-02-01
publisher Editura ASE
record_format Article
series Amfiteatru Economic
spelling doaj-art-2edb3a22cdc64442a501954b1921b2c32025-08-20T03:55:07ZengEditura ASEAmfiteatru Economic1582-91462247-91042014-02-011635138153Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking AccountabilityDragoş Ilie0Laura Ungureanu 1Spiru Haret University - Bucharest, RomaniaSpiru Haret University - Bucharest, RomaniaThe paper aims to demonstrate that the unprecedented granting of consumer credits to population in recent years, under the circumstances of a spectacular goods supply growth, has adversely affected some consumers, and jeopardized the protection of their life, health and safety. The research method consists in a survey that gave, to a number of 560 credit beneficiaries, qua consumers, the opportunity to freely express their viewpoints. Data collection and processing has resulted in the filling of a 14 queries questionnaire by each of the 560 consumers in the South-Western Oltenia region and, subsequently, in data analysis. The main findings show that consumers have experienced a decline in what concerns their standard of living and that sustainable consumption of goods was barely stimulated. Based on the survey results, the paper proposes a banking accountability indicators system and a consumer credits quality pattern of analysis that would increase banking accountability towards such credits by reducing their negative externalities on people’s lives, stimulating sustainable consumption, giving thorough and accurate information, managing complaints and disputes, educating and raising consumers awareness.http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1256viewpoints of credit beneficiaries qua consumersconsumer creditsbanking accountabilityconsumersnegative externalitiesbanking accountability indicatorsa pattern of quality analysis of consumer credits.
spellingShingle Dragoş Ilie
Laura Ungureanu
Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
Amfiteatru Economic
viewpoints of credit beneficiaries qua consumers
consumer credits
banking accountability
consumers
negative externalities
banking accountability indicators
a pattern of quality analysis of consumer credits.
title Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
title_full Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
title_fullStr Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
title_full_unstemmed Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
title_short Survey on the Viewpoints of Credit Beneficiaries Qua Consumers in Order to increase Banking Accountability
title_sort survey on the viewpoints of credit beneficiaries qua consumers in order to increase banking accountability
topic viewpoints of credit beneficiaries qua consumers
consumer credits
banking accountability
consumers
negative externalities
banking accountability indicators
a pattern of quality analysis of consumer credits.
url http://www.amfiteatrueconomic.ro/ArticolEN.aspx?CodArticol=1256
work_keys_str_mv AT dragosilie surveyontheviewpointsofcreditbeneficiariesquaconsumersinordertoincreasebankingaccountability
AT lauraungureanu surveyontheviewpointsofcreditbeneficiariesquaconsumersinordertoincreasebankingaccountability