There’s no denying that consumers want credible, relevant, current, and easy-to-understand information in order to make the right purchase decisions that reflect their particular preferences. In the age of information overload, probably what we need most right now is better consumer information. Price comparison websites, for example, have made a huge difference in making it much easier for customers to evaluate different offers and make the best purchasing decision.
In recent years, the consumer credit industry has seen an increase in the number of new suppliers and types of consumer credit. Not knowing how online platforms work and the new types of credit arrangements can swiftly put consumers at a significant disadvantage.