PPT-Common Types of Consumer Credit

7 July 2015 2 Disclaimer for presentation T his presentation is intended to provide a general overview for information and educational purposes only and is not a comprehensive treatment of the subject matter  The information is provided generally without considering specific circumstances and should not be regarded as a substitute for professional advice  The Investor Education Centre IEC has not advised on passed on the merit of endorsed or recommended any of the productsservices or types of productsservices referred to in this presentation  ReadersAudiences should seek professional advice if they consider necessary. Too Much or Too Little. (or Just Right?). Jonathan . Zinman. Dartmouth, IPA, NBER, etc.. October 2013. Motivation. Many policy efforts to . increase. consumer credit supply. Loan guarantees (e.g., FHA). JAMES A. FRANCIS. Francis & Mailman, PC. Land Title Building, 19. th. Floor. 100 South Broad Street. Philadelphia, PA 19110. Phone: 215-735-8600. Fax: 215-940-8000. E-mail: . jfrancis@consumerlawfirm.com. Beginnings of Consumer Credit. 1890s: Express Travelers Checks introduced. 1914: Retailer-issued credit cards. 1920s. Service . stations, department stores and hotel chains began offering . credit accounts to customers. Karin Sein, dr iur. Associate Professor of Civil Law, University of Tartu. Introduction. SMS/electronic consumer loans – modern form of usury?. Leads to irresponsible borrowing practices and over-indebtedness of the consumers. . . January 2016. Commercial radio in the UK. Our aim. To increase the effectiveness of financial terms and conditions and better protect consumers/ . listeners. The representative example from the consumer credit directive . Fair Credit Reporting Act. 2. The Fair Credit Reporting Act (FCRA) is a federal law that regulates the collection, dissemination, and use of consumer information.. The FCRA promotes the accuracy and privacy of information in consumer credit reports.. reports and credit scores. Presented to name/names. Presented by Name of Presenter. Day/Month/Year. Disclaimer. The purpose of this presentation is to help you better understand credit reporting and to provide general information about how you can manage your credit report so that you can get the credit you need and want. Topics:. Main Types Of Credit. Common Advantages and Disadvantages of businesses using credit. Cost of Credit. Main factors examined for granting credit. Credit Documents. Credit Regulations. Credit Assistance. © . 2013 . Cengage Learning. All Rights Reserved. May not be copied, scanned, or duplicated, in whole or in part, except for use as permitted in a license distributed with a certain product or service or otherwise on a password-protected website for classroom use.. OBJECTIVES. Explain how you can develop a credit . history. Examine factors . to . consider when . deciding which credit card to . secure. Define . three . factors that creditors consider when . granting credit. Trade Credit Insurance and consumer credit A different business model Robert Nijhout – Executive Director ICISA ICISA members 2 Credit Insurance is not a Financial Guarantee! Conditional Direct link with delivery of goods or services Fraud Quiz. Identity Fraud Quiz. How to defend yourself against Fraud. Questions to Consider. What are consumers rights and responsibilities?. What is the purpose of consumer protection laws and agencies?. December 2014x0000x0000 x/Attxachexd /xBottxom x/BBoxx 6x665x34 5x090x7 29x604x 61x /Sxubtyxpe /xFootxer /xTypex /Paxginaxtionx 000x/Attxachexd /xBottxom x/BBoxx 6x665x34 5x090x7 29x604x 61x /Sxubtyxp Consumer complaints throughout the credit life cycle by demographic characteristicsConsumer Complaint Research Brief1CONSUMER FINANCIAL PROTECTION BUREAUTable of ContentsTable of Contents11Introductio