Debt collection is an important part of the consumer credit ecosystem, but has received little attention in the economics literature. Regulations on collection practices can protect consumers, but may also lead to unintended consequences if the costs of better practices are passed on to creditors, who in turn restrict consumers’ credit access or raise prices. Using detailed data on new credit card accounts, we study the effects of recent laws and regulations in four states that instituted conduct restrictions. We find that such restrictions reduce access to credit card accounts and raise interest rates, but that this effect is very small.

中文翻译：

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收债法对获得信贷的影响

收债是消费信贷生态系统的重要组成部分，但在经济学文献中却很少受到关注。关于收款惯例的法规可以保护消费者，但如果将更好的惯例的成本转嫁给债权人，则债权人又会限制消费者的信贷获取或提高价格，这也可能导致意外后果。使用有关新信用卡帐户的详细数据，我们研究了四个实施行为限制的州的最新法律法规的影响。我们发现这样的限制会减少对信用卡帐户的访问并提高利率，但是这种影响很小。