Category: Credit

Credit occurs where the payment method is progressive or in instalments with an agreed specified time between the seller and the buyer. In business, risks, as Amankwah-Amoah and Wang (2019) stipulate, are the possible dangers to and unwelcome repercussions on a company’s performances, renowned capital, customer base, and income. On the other hand, opportunities are…

Introduction There are both market and nonmarket forces that interplay in a business environment and largely influence the activities of any business organization that is in operation. Under normal circumstances, the success or failure of any corporate organization depends on its ability to adjust accordingly when changes occur in both its internal and external business…

Different state laws in states across the United States limit employers from checking the financial situations of their employees. This paper overviews how a manager can employ an ethical theory of utilitarianism to handle a situation and conflict of a qualified candidate with poor credit checks. The applicable theory is utilitarianism, which mainly focuses on…

For Kay cardholders, the company charges an Annual Percentage Rate (APR) of 5%-24.99% on purchases not paid within 25 days after the closure of each billing cycle. Billing cycles occur after every month. The charges vary remarkably from one state to the next with Arkansas charged the least (at 5%) while New York, Ohio, Florida,…

Credit in the contemporary American culture has become a vital part of our everyday life because it makes the management of people’s finances easier and more accessible through the means of borrowing money and paying it later. When people use credit, they can satisfy their needs for today and pay for this satisfaction in the…

There are a number of macroeconomic theories and models which focus on the role of interest rate and exchange rate channels on the impact of monetary policy actions on the real economy. However, credit markets are another channel which plays a very important role in this regard. The credit channel theory of monetary policy emphasizes…

Table of Contents Benefits of Using Credit Cards Disadvantages of Using Credit Cards Importance of Good Credit Steps to Build Good Credit Benefits of Using Credit Cards One advantage of credit cards is that they help in building creditworthiness. Information about credit card usage is obtained by card companies and relayed to credit bureaus. If…

Table of Contents Introduction Cash and Card Payments Conclusion Works Cited Introduction The modern world allows people to use more than one type of money to participate in trade. Currently, cash and card payments coexist, although there is a significant trend in favor of greater use of bank cards (Boden et al.). In addition, other…

Credit insurance and credit disability insurance are services provided by several insurance companies. For instance, union security life insurance Company which is a member of assurant group (Lamb, 360). The credit insurance clients underwriting is done through several investments programs. Moreover, the company has a corporate office in Irving, Texas where all the credit insurance…

Table of Contents Introduction Projected Credit Markets Conclusion Reference Introduction The world is currently experiencing an economic recession which is affecting both small and big economies. Indeed, this is one of the worst economic times experienced by both developing and developed countries. The biggest investment banks are soon to collapse if proper modalities are not…