Category: Credit

  • China’s Social Credit System: Utilitarian Approach

    Table of Contents Introduction Overview of China’s Social Credit System Evaluating China’s Social Credit System Personal Opinion of the Author Conclusion Works Cited Introduction The technological breakthrough of the 21st century resulted in the rethinking of individual privacy concepts and surveillance ethics. Governments and companies all over the world are now able to gather, store,…

  • Credit Corp Inc.’s Information Technology Changes

    Credit Corp Inc. is a multinational financial services provider, and it faces significant issues due to challenges in providing its services with outdated IT infrastructure. The old incorporated technologies have led to delays in service rendering to its existing customers. Target customers are expressing fears due to the company’s service delays. For CreditCorp Inc. to…

  • Credit Cards with Radio-Frequency Identification

    RF safety and security safeguards for building into credit cards, passports, and other personal identification tags An access control system and a radio shield should be embedded in the ID tags to enhance security. In the first instance, the data that the RF chip contains would be encrypted. The key to access the data would…

  • Hybrid Intelligent System for Credit Approval in Banks

    Executive Summary The use of credit by consumers necessitates the use of an approval process by banks to vet suitable candidates to avert lending risks. The major risks a bank deals with when forwarding credit facilities is fraud and default. Banks use credit rating as the first line of defence against credit and fraud associated…

  • Patterson v. McLean Credit Union Case

    Table of Contents Justice My Interview with Patterson Patterson’s Allegations Reference List Justice In Patterson v. McLean Credit Union, Patterson, an African-American woman who worked for McLean, a small company with less than 15 employees, sued the employer claiming that he (employer) discriminated her by promoting a white person to the position of an accountant.…

  • Bail for Credit: A Chance for Redemption

    Bail for credit is a system of releasing defendants awaiting trial who cannot afford to pay the required bail amount. In this system, defendants are given a loan in the amount of the bail, which must be paid back – with interest – to the lender, who is typically a bail bondsman. It is also…

  • Consumers Purchasing on Credit Analysis

    The United States currently enjoys the “highest standard of living” in the world: more food, clothing, bathtubs, automobiles, household appliances, and toothpaste is available per consumer than in any other country; everything is bigger or better or more plentiful than elsewhere. By and large, Americans take their material well-being for granted or, when they do…

  • Extra Credit Project for Student’s Total Score in Class

    Table of Contents Introduction Research Question Hypotheses Variables Descriptive Statistics ANOVA and ANCOVA Conclusion References Introduction The purpose of the research study was to determine whether students who do the extra credit project learn more and do better in the course (as observed by their total score in class) in spite of their individual score…

  • Credit Card Industry: Revenue and Cost Structures

    Table of Contents Product Lifecycle Stage Marketing Strategies Sapphire Brand Features Market Dynamics Service Extension and Target Expansion of Sapphire Preferred Consumer Adoption and Diffusion of the Sapphire Brand References Based on the industry report by Gambardella (2020), credit card issuers, in this case, Chase Company, earn revenue from interest income, cardholder fees, and interchange…

  • Credit Analysis of Financial Position

    Credit analyst scrutinizes historical financial data for companies and individuals seeking a loan from money lenders to verify the creditworthiness and possible risk associated with lending the funds. They approve loan application by determining the likelihood of repayment. The minimum qualification for the position is a bachelor’s degree in accounting, finance, or any other business-related…