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Author: Kathleen E. Keest
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 296
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Book Description
Author: Kathleen E. Keest
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 296
Get Book Here
Book Description
Author: Kathleen E. Keest
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 612
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Book Description
Author: University of Kentucky. Dept. of Animal Sciences
Publisher:
ISBN:
Category :
Languages : en
Pages : 5
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Book Description
Author: Missouri. Department of Consumer Affairs, Regulation and Licensing. Division of Finance
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 10
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Book Description
Author: Thomas A. Durkin
Publisher:
ISBN: 0195169921
Category : Business & Economics
Languages : en
Pages : 737
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Book Description
Consumer Credit and the American Economy examines the economics, behavioral science, sociology, history, institutions, law, and regulation of consumer credit in the United States. After discussing the origins and various kinds of consumer credit available in today's marketplace, this book reviews at some length the long run growth of consumer credit to explore the widely held belief that somehow consumer credit has risen "too fast for too long." It then turns to demand and supply with chapters discussing neoclassical theories of demand, new behavioral economics, and evidence on production costs and why consumer credit might seem expensive compared to some other kinds of credit like government finance. This discussion includes review of the economics of risk management and funding sources, as well discussion of the economic theory of why some people might be limited in their credit search, the phenomenon of credit rationing. This examination includes review of issues of risk management through mathematical methods of borrower screening known as credit scoring and financial market sources of funding for offerings of consumer credit. The book then discusses technological change in credit granting. It examines how modern automated information systems called credit reporting agencies, or more popularly "credit bureaus," reduce the costs of information acquisition and permit greater credit availability at less cost. This discussion is followed by examination of the logical offspring of technology, the ubiquitous credit card that permits consumers access to both payments and credit services worldwide virtually instantly. After a chapter on institutions that have arisen to supply credit to individuals for whom mainstream credit is often unavailable, including "payday loans" and other small dollar sources of loans, discussion turns to legal structure and the regulation of consumer credit. There are separate chapters on the theories behind the two main thrusts of federal regulation to this point, fairness for all and financial disclosure. Following these chapters, there is another on state regulation that has long focused on marketplace access and pricing. Before a final concluding chapter, another chapter focuses on two noncredit marketplace products that are closely related to credit. The first of them, debt protection including credit insurance and other forms of credit protection, is economically a complement. The second product, consumer leasing, is a substitute for credit use in many situations, especially involving acquisition of automobiles. This chapter is followed by a full review of consumer bankruptcy, what happens in the worst of cases when consumers find themselves unable to repay their loans. Because of the importance of consumer credit in consumers' financial affairs, the intended audience includes anyone interested in these issues, not only specialists who spend much of their time focused on them. For this reason, the authors have carefully avoided academic jargon and the mathematics that is the modern language of economics. It also examines the psychological, sociological, historical, and especially legal traditions that go into fully understanding what has led to the demand for consumer credit and to what the markets and institutions that provide these products have become today.
Author: Elizabeth Renuart
Publisher:
ISBN:
Category : Actions and defenses
Languages : en
Pages : 420
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Book Description
Author: Eugen Tereanu
Publisher: International Monetary Fund
ISBN: 1455210900
Category : Business & Economics
Languages : en
Pages : 32
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Book Description
We identify global and regional fluctuations in international private debt flows to emerging and developing countries using data on cross border loans and international bond issuance over 1993 -2009. We estimate the effects of individual borrower characteristics as well as macroeconomic conditions on the cost of foreign borrowing and test whether these effects differ across phases of the lending cycle. We find that public and financial institutions benefit from lower spreads compared to private and nonfinancial firms and that lenders may differentiate the risk associated with the borrower’s industrial sector between good and bad times. The loan (bond) rating has an equally robust spread reduction effect across credit cycle phases. The results also suggest that international reserve holdings and investment ratios have a significant effect on reducing credit spreads for loans, while higher reserve holdings and longer maturities matter more for bond spreads.
Author: Paul F. Smith
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 38
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Book Description
Author: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on Consumer Credit and Insurance
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 72
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Book Description
Distributed to some depository libraries in microfiche.
Author: Devin Langdon Mack
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 126
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Book Description
