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Consumer Credit Fundamentals

Description

Consumer credit is prevalent across almost every aspect of our consumer orientated society, and today there are very few products or services that can't be bought on credit terms or retailers who don't provide for credit facilities. Yet, despite the importance of credit to individuals, the economy and society, there are very few texts describing the operation of consumer credit markets anywhere in the world. 

Consumer Credit Fundamentals is the only book to provide a complete, cross-disciplinary and internationally focused introduction to a wide range of topics about consumer credit. The text has been substantially revised and updated with the launch of this second international edition. It covers everything the from the history of credit and the different types of credit available, through to how credit is granted and managed, the legal framework within which commercial lenders must operate as well as consumer and ethical issues. It is the perfect guide for anyone wanting to know more about this important subject.

 

Keywords

credit granting decisions credit reference data revolving credit products judgemental lending credit lifecycle revolving credit balance repayment behaviour judgemental decision making credit reference agencies mail order accounts credit scorecards credit reference agency application processing system previous credit history credit search subject access request merchant acquirer pawn loans credit token consumer credit markets bureau scores paying status shadow limit account management system interchange fees

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