Essays on Credit

Personal loans are a form of credit that can provide some much-needed financial assistance. They may be ideal for alleviating financial hardship or helping to finance a wedding or funeral. They can also be useful for furthering one’s studies or for settling medical emergency bills….

The Chinese government is taking quick steps towards implementing the plan to create a nationwide system of mass surveillance of the entire population using big data. They attempt to promote “trustworthiness” in its economy and society by gathering massive amounts of data online using mass…

There are a lot of reasons for which Vancity has become the largest credit union in the nation, one of which is their remarkable competitive advantage. Vancity has accumulated over 19.8 billion dollars in assets which is an increase of 900 million percent since they…

Since the system will only be introduced nationwide in 2020 and hardly any work has been written about it, this topic offers me the opportunity to write informally. Of course, there are several trusted web sites on the internet that will break up the topic…

Credit Default Theory The relevance of this theory is seen in a situation where an indirect relation between the effects of loan default and the financial performance exist. This theory has been hypothesized by one scholar, Sy (2007) who delineates credit default for a secured…

Why Golden 1 Credit Union is better than most banks When you think of banks, you consider your options due to the fact that you need a place to store your hard earned money. You realize that there are so many banks to choose from…

Social Credit System (SCS) refers to the system which allocates every individual and organisation a credit score with a vision of steering the behaviour of citizen and compliance of organization with government regulations to create a credit society. This paper introduces practices of SCS with…

Credit Score in Relation to Employment Methodology This paper aims to prove that credit reports do not define who an individual is and should not be a consideration in the hiring process for employers in general. This paper and research study wishes to prove that…

The ideal system of monopoly and also centralization based on the traditional system of banking is basically considered to be one of the major hindrances to the scalability of the traditional system of banking. Whereby all decision taking coupled with flow rate and interest rate…

Blockchain technology has taken over this current era as never have seen before, as it can be applied in any platform, thereby solving issues arising. With this current era getting more digitized, improved web connectivity, increasing distributed computing resources as well as using cryptotechnology in…