The Lisboeta

The social pressure to 'have' is a strong ally of credit institutions against families

Tuesday, 23 December 2025RSS
The social pressure to 'have' is a strong ally of credit institutions against families

The ease of access to credit for 'pure consumption', without any 'prior checks', leaves families more vulnerable and likely to fall into the so‑called revolving credit spiral, warns Maria Emília Teixeira. In an interview with ECO, the professor of banking law at the Universidade Portucalense, an expert in financial literacy and consumer protection, ...

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