Comparative Consumer Law

Over-indebtedness in Japan

February 29, 2008 · Leave a Comment

According to the financial Services Agency, the number of debtors who borrowed money from over 5 finance companies was estimated about 1,250,000 at the end of December 2007 whereas it is generally said that the debtors in over-indebtedness are over 2,000,000.

It was reported in the session of the consumer issue committee of the rural democratic party.
The history and present condisiton concerning this issue in Japan is well explaiend in recent essay in English. 

Categories: over-indebtedness

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