Uses and Costs of Consumer Credit PDF Download
Are you looking for read ebook online? Search for your book and save it on your Kindle device, PC, phones or tablets. Download Uses and Costs of Consumer Credit PDF full book. Access full book title Uses and Costs of Consumer Credit by Jeanne L. Hafstrom. Download full books in PDF and EPUB format.
Author: Jeanne L. Hafstrom
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 24
Get Book Here
Book Description
Author: Jeanne L. Hafstrom
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 24
Get Book Here
Book Description
Author: Thomas A. Durkin
Publisher:
ISBN: 0195169921
Category : Business & Economics
Languages : en
Pages : 737
Get Book Here
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: Charles Oscar Hardy
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 290
Get Book Here
Book Description
Author: Wray O. Candilis
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 48
Get Book Here
Book Description
Author: Paul F. Smith
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 192
Get Book Here
Book Description
Author: B. W. Ambrose
Publisher: Springer
ISBN: 0230608914
Category : Business & Economics
Languages : en
Pages : 293
Get Book Here
Book Description
In response to growing interest in household finance, this collection of essays with a foreword by John Y. Campbell, studies household and consumer use of credit instruments. It shows how individual consumers and households utilize various credit alternatives in managing their consumption and savings and suggests areas for future research.
Author: University of Illinois. Cooperative Extension Service
Publisher:
ISBN:
Category :
Languages : en
Pages : 35
Get Book Here
Book Description
Author: Paul F. Smith
Publisher:
ISBN:
Category : Business & Economics
Languages : en
Pages : 38
Get Book Here
Book Description
Author: Petr Teplý
Publisher: Charles University in Prague, Karolinum Press
ISBN: 8024632365
Category : Business & Economics
Languages : en
Pages : 187
Get Book Here
Book Description
This book deals with consumer lending from both theoretical and empirical points of view. In the theoretical section, it book analyses the wider context of financial literacy, household indebtedness and the global consumer credit market including relevant legal, regulatory and risk management issues. In the empirical section, the book uses The Navigator of Responsible Lending as an evaluation tool to assess both bank and non-bank consumer credit providers in the Czech Republic. Although our empirical research is done as a case study on the Czech Republic, its basic ideas might be easily applied to other countries as well. Enclosures to the book include additional texts relevant to consumer lending (including case studies and an unofficial English translation of the Czech Consumer Credit Act) and therefore provide the reader with several perspectives on the topic.
Author: Dale Alan Dauten
Publisher:
ISBN:
Category : Consumer credit
Languages : en
Pages : 140
Get Book Here
Book Description
