Credit Essays

A credit card is a card that enables a holder to purchase goods and services based on a promise to pay for them. As such, a credit card forms a part of payments system through which individuals can buy products based on promises to pay. The issuer of the card, …

Credit card companies should impose regulations that require pictures of credit card holders to appear on all credit cards. This will ensure that only card holders whose photos appear on the credit cards will be allowed to transact using the cards. Biometrics could also be applied whereby identification of genuine …

Introduction As the technological world advances, it brings with it a host of changes in various other sectors as well. The financial world is most certainly one of the key areas where technology has made great impact. Today, the world can boast of the fastest payments system in the history …

Introduction The credit crunch began when the US sub prime mortgages went under and triggered a spiral effect in the economies around the world. This was followed by the falling value of houses in Britain that has continued unabated to this day.  Northern Rock succumbed to the crisis in September …

Throughout the years, the laws in the United States have allowed a vast change in the process of obtaining a job position.  One of the newest and most controversial changes is employers doing a credit check on future employees.  Pre-employment screening is an invasion of one’s privacy and this practice …

Introduction             There is a saying that crediting is bequeathed by trust. Today, various forms of monetized crediting are done by banking and financial lending institutions through selective modalities of loans. One of which is the granting of loans through credit cards. The credit card is one of the convenient …

            Both the letter of credit and the bill of exchange are useful documents in expressing the buyer’s interest in undergoing a contractual relationship in the international trade. However, rationality should be employed in internalizing which between the two pronounces better terms in such interest.  Letter of Credit (LC) refers …

We all believe that identity theft will not happen to us and become less likely to focus on protecting our personal information. Yet, most people say I do not know anyone that would do such harm to me, it will not happen to me and it is the most common …

JPMorgan Chase & Co. is the leading financial services firm in the world with operations in over fifty countries. It was founded and based in the United States where its corporate headquarters is located in New York City. It has six core businesses: Investment Banking, Retail Financial Services, Card Services, …

Refer to: Building a Better Credit Report on the Federal Trade Commission’s site: www.ftc.gov/bcp/edu/pubs/consumer/credit/cre03.shtm Identity Theft resource center on the Federal Trade Commission’s site: www.ftc.gov/bcp/edu/microsites/idtheft/consumers/deter.html. Provide answers to three of the following questions based on your readings and your personal experiences. Answers should be 100-to 150-words each. 1. If you …