Consumer Overindebtedness And Regulation Of The Minimum Living Standard
Objective: This research aims to analyze consumer overindebtedness and the necessity of regulating the minimum living standard. It explores the consequences of easy credit and limited financial education, as well as the significance of consumer rights and legislation in maintaining a balanced consu...
| Main Authors: | , |
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| Format: | Article |
| Language: | Portuguese |
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Centro Universitário Adventista de São Paulo
2023-05-01
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| Series: | Lifestyle Journal |
| Subjects: | |
| Online Access: | https://periodicosalumniin.org/LifestyleJournal/article/view/1557 |
| _version_ | 1797820020014710784 |
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| author | Viviane Costa de Oliveira Mateus Eduardo Siqueira Nunes Bertoncini |
| author_facet | Viviane Costa de Oliveira Mateus Eduardo Siqueira Nunes Bertoncini |
| author_sort | Viviane Costa de Oliveira |
| collection | DOAJ |
| description |
Objective: This research aims to analyze consumer overindebtedness and the necessity of regulating the minimum living standard. It explores the consequences of easy credit and limited financial education, as well as the significance of consumer rights and legislation in maintaining a balanced consumer-corporate relationship.
Research question: What are the causes and impacts of consumer overindebtedness in a consumer-driven society, and how can regulating the minimum living standard address this issue?
Method: The research utilizes a qualitative approach, incorporating a literature review and examination of pertinent legal frameworks. It draws from academic sources, studies, and legal cases to establish a comprehensive comprehension of consumer overindebtedness and the potential role of regulation.
Conclusions: Consumer overindebtedness has emerged as a significant concern due to aggressive marketing practices and inadequate financial education. It not only leads to financial strain but also has psychological and social repercussions, impacting individuals' well-being and social integration. Existing consumer protection legislation, like Brazil's Law No. 8.078/90, plays a pivotal role in reducing consumer vulnerability. However, specific legislation is required that addresses prevention, treatment, and grants consumers acting in good faith the right to make a fresh start.
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| first_indexed | 2024-03-13T09:31:14Z |
| format | Article |
| id | doaj.art-367055ae1179470c8f1cc50e407ccd4a |
| institution | Directory Open Access Journal |
| issn | 2237-3756 |
| language | Portuguese |
| last_indexed | 2024-03-13T09:31:14Z |
| publishDate | 2023-05-01 |
| publisher | Centro Universitário Adventista de São Paulo |
| record_format | Article |
| series | Lifestyle Journal |
| spelling | doaj.art-367055ae1179470c8f1cc50e407ccd4a2023-05-25T23:21:37ZporCentro Universitário Adventista de São PauloLifestyle Journal2237-37562023-05-019Consumer Overindebtedness And Regulation Of The Minimum Living StandardViviane Costa de Oliveira0Mateus Eduardo Siqueira Nunes Bertoncini1Centro Universitário Curitiba/UNICURITIBA, CuritibaCentro Universitário Curitiba/UNICURITIBA, Curitiba Objective: This research aims to analyze consumer overindebtedness and the necessity of regulating the minimum living standard. It explores the consequences of easy credit and limited financial education, as well as the significance of consumer rights and legislation in maintaining a balanced consumer-corporate relationship. Research question: What are the causes and impacts of consumer overindebtedness in a consumer-driven society, and how can regulating the minimum living standard address this issue? Method: The research utilizes a qualitative approach, incorporating a literature review and examination of pertinent legal frameworks. It draws from academic sources, studies, and legal cases to establish a comprehensive comprehension of consumer overindebtedness and the potential role of regulation. Conclusions: Consumer overindebtedness has emerged as a significant concern due to aggressive marketing practices and inadequate financial education. It not only leads to financial strain but also has psychological and social repercussions, impacting individuals' well-being and social integration. Existing consumer protection legislation, like Brazil's Law No. 8.078/90, plays a pivotal role in reducing consumer vulnerability. However, specific legislation is required that addresses prevention, treatment, and grants consumers acting in good faith the right to make a fresh start. https://periodicosalumniin.org/LifestyleJournal/article/view/1557Consumer overindebtednessFinancial educationConsumer rights |
| spellingShingle | Viviane Costa de Oliveira Mateus Eduardo Siqueira Nunes Bertoncini Consumer Overindebtedness And Regulation Of The Minimum Living Standard Lifestyle Journal Consumer overindebtedness Financial education Consumer rights |
| title | Consumer Overindebtedness And Regulation Of The Minimum Living Standard |
| title_full | Consumer Overindebtedness And Regulation Of The Minimum Living Standard |
| title_fullStr | Consumer Overindebtedness And Regulation Of The Minimum Living Standard |
| title_full_unstemmed | Consumer Overindebtedness And Regulation Of The Minimum Living Standard |
| title_short | Consumer Overindebtedness And Regulation Of The Minimum Living Standard |
| title_sort | consumer overindebtedness and regulation of the minimum living standard |
| topic | Consumer overindebtedness Financial education Consumer rights |
| url | https://periodicosalumniin.org/LifestyleJournal/article/view/1557 |
| work_keys_str_mv | AT vivianecostadeoliveira consumeroverindebtednessandregulationoftheminimumlivingstandard AT mateuseduardosiqueiranunesbertoncini consumeroverindebtednessandregulationoftheminimumlivingstandard |