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Consumer credit, Over-indebtedness, Insolvency, Islam, Sharia

By: Burton, D.
Material type: materialTypeLabelBookPublisher: Journal of Consumer Policy Description: 44(1), Mar, 2021: p.43-72.Subject(s): Victimization, Fraud, Demographics, Consumer protection In: Journal of Consumer PolicySummary: This paper examines how fraud victimization varies across communities using data on victims from 23 consumer protection law enforcement actions. These cases span several different types of fraudulent activity, including payday loan, student debt relief, health care, and business opportunity scams, providing evidence on how demographics vary across types of fraud. For these cases, victim rates are higher in more heavily black, higher income, older, and more urban communities and are lower in more heavily Hispanic, higher household size, higher credit score, and more college-educated communities. – Reproduced
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Articles Articles Indian Institute of Public Administration
44(1), Mar, 2021: p.43-72 Available AR125821

This paper examines how fraud victimization varies across communities using data on victims from 23 consumer protection law enforcement actions. These cases span several different types of fraudulent activity, including payday loan, student debt relief, health care, and business opportunity scams, providing evidence on how demographics vary across types of fraud. For these cases, victim rates are higher in more heavily black, higher income, older, and more urban communities and are lower in more heavily Hispanic, higher household size, higher credit score, and more college-educated communities. – Reproduced

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