Credit and You

Can borrowing money actually benefit us, or is it just an interest rate trap? Why do we rely on credit to satisfy our consumer needs? How can a loan that seems to solve a problem today snowball into a future financial burden?

Credit, an omnipresent tool in the modern economy, has a profound impact on individual and family finances, shaping lives, opportunities and inequalities. This book sheds light on the dynamics between consumers and financial institutions and, by examining factors such as interest rates, repayment capacity and liquidity, invites you to reflect on how credit can be both an ally for growth and a potential Achilles’ heel, depending on how consciously it is managed.