PPT-YOUR MONEY, YOUR FUTURE GAME OF LOANS

LEARNING GOALS What is Credit Types of Loans Credit Cards WHAT IS CREDIT Your credit is your reputation as a borrower Credit Score A three digit number that summarizes this reputation. End of prosperity. Postwar prosperity turned to depression by end of 20’s.. European farmland destroyed during the war. . Farmers in Africa, Australia, India, New Zealand, NA, and SA increased food production to sell to Europe.. Objectives. Describe the five C’s of credit. Explain how commercial loans are evaluated. Describe the steps in applying for a loan. Five C’s of Credit. Banks look at the customer’s . creditworthiness. Ms. Seguin – Econ 2010/2011. Unbanked Households. About 10 million households are . unbanked. Unbanked Households. Non-Mainstream Financial Services. Unbanked households depend on:. Check cashing outlets. “I wake up every day with a purpose: . to inspire others to do what inspires them. .”. - Simon . Sinek. Empowering future . generations. Working hard for something we don’t care about is called stress; . Unbanked Households. About 10 million households are . unbanked. Unbanked Households. Non-Mainstream Financial Services. Unbanked households depend on:. Check cashing outlets. Short-term lenders. Payday loans. The National Economics Department. Financial Freedom Campaign. NAACP. Agenda. What is Credit?. Pros & Cons. Types of Credit. Understanding Financial Institutions. Importance of Building Credit. Credit Building V.S. Non Credit Building. Learning Topics. Importance. Student Loans. Pre-Commissioning . Loans. Navy Salary . Investing. Stocks. 401k. Roth IRA. Sailors’ . Problems. Importance. Money is one of the biggest concerns of most people in the world. Chapter 3 Understanding and Appreciating the Time Value of Money Professor Payne, Finance 4100 Learning Objectives Explain the mechanics of compounding. Understand the power of time and the importance of the interest rate in compounding. Nelson Funding offers 10 Day Bridge Loans, Multifamily Loans, Commercial and Industrial loans, Land, Fix-N-Flips, Equity, 2nd Mortgages, and More! Nelson Funding offers 10 Day Bridge Loans, Multifamily Loans, Commercial and Industrial credits, Land, Fix-N-Flips, Equity, second Mortgages, and that\'s just the beginning! How . to live within one’s income . Income is received from work and is . limited . Budget is a tool to plan the spending and saving of . income. Reasons and benefits of saving . Uses and costs of credit . Chapter 14 Money and Banking. Modified by:Yun Wang. Fall 2017, Florida International University. Defining money by its functions. 1. Explain the various functions of money. Money is anything that is generally accepted as a medium of payment.. 01/15 MECU OF BALTIMORE, INC.7 East Redwood StreetBaltimore, MD 2120224/7 AccessTelephone Teller: 410-727-6540Online Banking: MECU.comLending Center: 800-373-2914 Checking or Money MarketPress 1Depo Primary activity of banks:. Loans. Resources to Borrower. Return to Lender. Monetary Policy. Credit creation relies on banks. Reserve ratio. Money multiplier. Secured vs unsecured loans. Collateral. Offset adverse selection.