credit policy

credit control

Explain the main principles and procedures involved in formulating credit policy and procedure and methods oc collecting receivables

Supprime crisis

The forman chairman A Greenspan said that the turmoil in financial markets was an accident waiting to happen,he doesn't agree that he should have taken actions other then Bernanke neither that the...

Any other sellers frustrated with the credit policy?

I sell books on Amazon, and when someone orders a book from one of us Market Place sellers, and use a credit card that is no longer valid for what ever reason, could just need an updated experation...

The Banks, Private Equity, and the Fate of Consumers

The New York Times has an interesting op-ed about private equity investment in banks. Long story short: banks need money now, and private equity is one of the last remaining sources of capital...

Hearings on Squeezing the American Family

Yesterday, the Joint Economic Committee of the U.S. Congress (JEC) held a hearing on the economic state of the American family. We've got falling real incomes, a mortgage crisis and a housing market...

Usury Bill

The Durbin usury bill is notable for four reasons. First, it would restore an important element of democratic political accountability to consumer protection in financial services. Second, it would...

Harkness on Changing Credit Card Regulations for the Elderly

Most consumer credit regulation, especially at the federal level, is a disclosure-based system -- disclose the terms to consumers and let them decide. There is a robust debate questioning whether the...

Debt Stress and Other Credit Card Gems

On June 9, the Associated Press and AOL released a poll describing an increase in self-reported stress by Americans struggling with debt. According to a Debt Stress Index that compiled the poll...

Older Americans in Bankruptcy--The First Paper Out of the Consumer Bankruptcy Project

Many of us on Credit Slips are part of the Consumer Bankruptcy Project (CBP), a multidisciplinary research initiative. This week, many of you probably saw the press coverage for the first paper...

Countrywide's Politically Connected VIPs

Credit Slips readers will want to take a look at this article in Conde Nast's Portfolio.com. The article describes Countrywide's VIP program, which gave favorable loan terms to politically connected...

Countywide's Politically Connected VIPs

Credit Slips readers will want to take a look at this article in Conde Nast's Portfolio.com. The article describes Countrywide's VIP program, which gave favorable loan terms to politically connected...

Senate Rule XXVI and the Consumer

Yesterday, Senator Patrick Leahy caused the Senate Committee on the Judiciary to hold a hearing with the intention of shedding some light on how Supreme Court decisions affect everyday Americans. In...

The Supreme Court and the Consumer

Tomorrow, the United States Senate Committee on the Judiciary will hold a hearing entitled "Short-change for Consumers and Short-shrift for Congress? The Supreme Court's Treatment of Laws that...