The overall picture of debt accumulation gets blurred as provision of consumer credit becomes diversified
Koskinen, Kimmo; Tuomikoski, Olli (29.05.2017)
Volyymi
91Numero
2/2017Julkaisija
Bank of Finland
2017
Julkaisun pysyvä osoite on
https://urn.fi/URN:NBN:fi:bof-201706051325Tiivistelmä
Finnish household debt accumulation is also rapidly increasing via consumer credit. The majority of these loans are still from credit institutions, but there is a growing number of channels for credit provision. Lending has grown both via foreign providers of credit operating online and through peer-to-peer lending services, and household debt accumulation from these sources is difficult to monitor.