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Start Over Author "Janger, Edward J." Publisher taylor & francis ltd
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1. CONSUMER CREDIT AND COMPETITION: THE PUZZLE OF COMPETITIVE CREDIT MARKETS.

Author

Janger, Edward J. and Block-Lieb, Susan

Subjects
*ESSAYS, *PERFECT competition, *CONSUMER credit, *FINANCIAL market reaction, *MONEYLENDERS, *REGULATORY reform
Abstract

An essay is presented on relationship between competition and consumer credit in the competitive credit markets in the U.S. It introduces competition stories like the story between lenders for customers, lending technologies driven by regulatory arbitrage and product innovation. These stories depict and explain fully the above-named relationship. It cites three approaches embodied in the pending regulatory reforms to regulate the consumer credit transactions.

Published
2010
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