Andrzej Cwynar|Wiktor Cwynar|Kamil Wais|Rados?aw Parda
Personal Loan Companies in Poland: Does Empirical Evidence Justify Regulatory Transition?
University of Economics and Innovation|University of Information Technology and Management in Rzeszow|University of Economics and Innovation|University of Information Technology and Management in Rzeszow|University of Economics and Innovation|University of Information Technology and Management in Rzeszow|University of Economics and Innovation|University of Information Technology and Management in Rzeszow
surveyed representative sample 1004 adult poles check extent distinguish among entities operating market personal loans poland perceive loans lending entities knowledge lendingborrowing issuesparticularly interested getting insight fragment market operated personal loan companies special emphasis profile average statistical borrowerour examination motivated controversies surrounding law amendment started poland 2015 order regulate fraction consumer credit market represented personal loan companiesby utilizing logistic multivariate linear regression models variables obtained survey tested whether legal reform wellinformed welladdressedwe found polish households serious problems distinguishing various entities provide loans private individuals problems manifest even greater problem material shortcomings poles debt literacywe also evidenced low public trust lending entities particularly loan companiesin light findings law amendment wellgrounded however supported actions aimed enhancing households financial literacy