Financial Exclusion and Over-Indebtedness

Throughout Europe, more and more households are financing their purchases with credit. This development has led to worries that it might result in over-commitment of consumers (over-indebtedness) and cause a rise in the number of households in financial difficulties. At national and at EU level public authorities are stepping up their efforts to prevent these problems. To discuss the latest research on financial exclusion and overindebtedness, a workshop will be held on 8 May 2007 at CEPS in Brussels. The event is organized by the European Credit Research Institute (ECRI) together with CEPS Financial Institutions Research Programme and will bring together the most recent academic research on financial exclusion and over-indebtedness. Together with academics, interested policy-makers and industry officials we discuss the latest insights on why people get over-committed and on how to prevent financial exclusion.

Participation is by invitation, interested parties may contact info@ecri.be