Category: Credit

  • Essay on the 2008 Credit Crunch

    Before the havoc wreaked the markets in the United States and across the globe in 2007, the worlds economy was booming and expanding, growth rates of output significantly increased. Surprisingly, this expansion started to stop when the housing prices which has seen an increase over the years began to fall. Some economists were of the…

  • Social Credit System in China

    In the United States, citizens take their credit scores seriously since they can affect how they live their lives. They show the creditworthiness of people to lenders who then decide if these banks or credit card companies should provide people with loans if needed for purchases. In China, the government takes these scores more vigorously…

  • Essay on Carbon Credit

    The world, as we know it now, has witnessed a gigantic transformation from the discovery of chemicals and gases to the current situation when the same have become a threat to life on the planet. This transformation has resulted in, perhaps the greatest untackled issue of modern life that is, climate change. Climate change highly…

  • Analysis of Credit Creation Limitations

    While banks would prefer an limitless potential for creating deposit to make bigger profits, there are many limitations. These limitations make the system of developing deposit non-profitable. The barriers of the deposit advent technique will be discussed in this essay. Amount of Cash Affects the advent of credit with the aid of business banks. Higher…

  • Essay on Money, Credit and Financial Literacy

    Financing is a skill that should learn by everyone. The management of finance is about taking good care of the money for investment, savings, and putting it in the right place. Based on invertopedia.com, finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, funds, and investments. The…

  • Financial Problems Cause Divorce Essay

    Will divorce ruin my credit? Divorce can affect many aspects of your life, but one thing you may not have considered is how it affects your credit. To begin with, what is credit? This is the ability of a customer to obtain goods or services before payment based on the trust that payment will be…

  • 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 companys service delays. For CreditCorp Inc. to…

  • Chinas Social Credit System: Utilitarian Approach

    Table of Contents Introduction Overview of Chinas Social Credit System Evaluating Chinas 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,…

  • 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…

  • 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…