Category: Credit

  • The Home Equity Line of Credit (HELOC)

    Table of Contents What is a HELOC Advantages of HELOC Didisadvantages of HELOC Lender/Bank Offering the Best HELOC Program Does HELOC Increase Your Mortgage Payment How is HELOC Paid Back? References What is a HELOC Home Equity Line of Credit is a type of credit that is secured by a home and one is able…

  • Cash and Credit Cards, Their Pros and Cons

    For most intents and purposes, credit cards are superior to carrying cash. They are more compact and secure and can enable payments over the Internet. The situation for vendors is somewhat different, but credit card readers are becoming increasingly widespread. Nevertheless, many people prefer to use cash instead of cards due to a variety of…

  • Systematic Risk, Debt Maturity, and the Term Structure of Credit Spreads

    Table of Contents Introduction Debt Analysis Risk and 5Cs Overview Video Conclusion References Introduction Debt is a dangerous form of money that significantly affects overall credit history and adversely affects future financial standing. Individuals are at high risk of losing assets if they fall behind on payments or fail to repay debt. The general accumulation…

  • Credit Card Debt as a Natural Phenomena

    Credit card debt is a phenomenon that is characteristic of the U.S. economy and banking system because the U.S. households prefer using credit cards and regularly report credit card debts. In this context, it is important to examine what factors can influence the increases in borrowings and accumulations of debts. The phenomenon of the credit…

  • Credit Card Debt as a Natural Phenomena

    Credit card debt is a phenomenon that is characteristic of the U.S. economy and banking system because the U.S. households prefer using credit cards and regularly report credit card debts. In this context, it is important to examine what factors can influence the increases in borrowings and accumulations of debts. The phenomenon of the credit…

  • 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 bachelors degree in accounting, finance, or any other business-related…

  • Citigroup: Impact of the Credit Crunch

    Introduction This assignment is a comprehensive and extensive analysis of the largest international corporation Citigroup in terms of the impact of the Credit Crunch on the company, the cost of funds, and assistance to the firm from the government. Thus, the purpose of this work is to acquire, accumulate, systematize and expand knowledge and ideas…

  • The Risks Associated with Using Credit to Purchase an Automobile or a Major Appliance

    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 companys performances, renowned capital, customer base, and income. On the other hand, opportunities are…

  • Kay Jewelers Credit Card Application Terms and Conditions

    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,…

  • Qualified Candidates and Poor Credit Checks: The Ethical Theory of Utilitarianism

    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…