Unfortunately it could also be used to defraud these agencies. In the period immediately following their introduction public acceptance of credit cards was less than enthusiastic, but by 1992 there were almost 10 million major credit cards in use in Australia.2 There were also in excess of 25,000 fraudulent credit card transactions per annum. In this, then, as in so many other areas of property...

Credit rating agencies (CRA) are qualified as “auxiliaries of the financial information” by all the investors. Ratings are the results of a methodology used by CRA. Within the framework of a demystification of the method of work of agencies, the objective of this paper is to identify the importance of the accounting and financial information adjustments in the decisions of rating agencies. This...

This paper evaluates the presence of racial disparities in the issuance of consumer credit. Using a unique and proprietary database of credit histories from a major credit bureau, this paper links locationbased information on race with individual credit les. After controlling for the in uence of such other place-speci c factors as crime, housing vacancy rates, and general population demographic...

Within the article, the impact of modern digitalization processes on changing household credit behavior is considered. Much attention is paid to defining the essence of digitalization and exploring the features of its impact on the financial services market. Accordingly, the content of household credit behavior and its individual models are examined. This behavior is proposed to be considered a...

One of the most important issues always facing banks and financial institutes is the issue of credit risk or the possibility of failure in the fulfillment of obligations by applicants who are receiving credit facilities. The considerable number of banks’ delayed loan payments all around the world shows the importance of this issue and the necessary consideration of this topic. Accordingly...

In this study it has been initiated to find out the credit strength and financial performance of cement industries in Bangladesh through investigating the financial report for the period from 2007 to 2011. Financial ratios are employed to measure the Liquidity (Working capital to Total Assets), Profitability (Retained Earnings to Total Assets), Efficiency (Earnings before Interest and Taxes to ...