Category: Credit

  • Credit Cards: Safe Method of Payment or Not

    A credit card enables you to buy something now and pay for it later. As a result, a credit card can help you when youre short of cash. Further, carrying a credit card can be a lot safer than carrying cash. Cash can be lost or stolen. Credit can be traced so that youre protected…

  • Essay on the 2008 Credit Crunch

    Before the havoc wreaked the markets in the United States and across the globe in 2007, the worlds economy was booming and expanding, growth rates of output significantly increased. Surprisingly, this expansion started to stop when the housing prices which has seen an increase over the years began to fall. Some economists were of the…

  • Social Credit System in China

    In the United States, citizens take their credit scores seriously since they can affect how they live their lives. They show the creditworthiness of people to lenders who then decide if these banks or credit card companies should provide people with loans if needed for purchases. In China, the government takes these scores more vigorously…

  • Essay on Carbon Credit

    The world, as we know it now, has witnessed a gigantic transformation from the discovery of chemicals and gases to the current situation when the same have become a threat to life on the planet. This transformation has resulted in, perhaps the greatest untackled issue of modern life that is, climate change. Climate change highly…

  • Analysis of Credit Creation Limitations

    While banks would prefer an limitless potential for creating deposit to make bigger profits, there are many limitations. These limitations make the system of developing deposit non-profitable. The barriers of the deposit advent technique will be discussed in this essay. Amount of Cash Affects the advent of credit with the aid of business banks. Higher…

  • Essay on Money, Credit and Financial Literacy

    Financing is a skill that should learn by everyone. The management of finance is about taking good care of the money for investment, savings, and putting it in the right place. Based on invertopedia.com, finance is a broad term that describes activities associated with banking, leverage or debt, credit, capital markets, funds, and investments. The…

  • Financial Problems Cause Divorce Essay

    Will divorce ruin my credit? Divorce can affect many aspects of your life, but one thing you may not have considered is how it affects your credit. To begin with, what is credit? This is the ability of a customer to obtain goods or services before payment based on the trust that payment will be…