Consumer Credit Fundamentals, Second Edition

Consumer Credit Fundamentals, Second Edition Summary:

By Steven Finlay

Publisher:   Palgrave Macmillan

Number Of Pages:   256

Publication Date:   2009-02-15

ISBN-10 / ASIN:   0230220150

ISBN-13 / EAN:   9780230220157

Product Description:

This book provides a comprehensive, cross-disciplinary and practical introduction to consumer credit.

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.

List of Contents

Preface Introduction The History of Credit Products and Providers The Economics of Credit and its Marketing Credit Granting Decisions Credit Reference Agencies Credit Management Ethics in Lending Legislation and Consumer Rights Appendix I: The Calculation of Interest and APR Appendix II: A Brief Note on the Construction of Credit Scorecards

Author Biography

STEVEN FINLAY is an expert in consumer credit and credit risk management, with over fifteen years experience of working within the financial services industry and academia. During the course of his career he has worked on numerous projects in conjunction with almost every major credit granting institution in the UK. He is currently a research fellow at Lancaster University, UK.

Reviews

'A comprehensive, well researched and well written text, covering a wide range of consumer credit topics. Highly recommended as an introduction to the subject' - Simon Harben, Senior Vice President Global Analytics, Experian, UK 'This is a definitive guide to consumer credit " history, ethics, law, economics, the operation of credit reference agencies, credit scoring: An interesting, informative and very readable book that I would recommend to anyone who wants gain an insight into the different facets of this important subject' - Robert Fildes, Distinguished Professor, Lancaster University Centre for Forecasting, UK 'The second edition of this ground breaking book about consumer credit provides a huge breadth of interesting information about the role of credit and debt in modern society. Extremely informative, and an essential read for anyone looking for knowledge in this area - highly recommended' Adrian Lingard, Jaywing, UK 'A fascinating and well written guide to the world of consumer credit. No other book provides so much information about this central pillar of our consumer orientated society' - Nick Evans, Head of Risk and Analytics, Marks and Spencer Money, UK 'A must for senior managers in all consumer facing businesses. The practice and practicalities of consumer credit have a considerable influence on the way companies deal with their customers and this guide provides a complete overview of these, combined with an interesting history and social implications. Easily digested for such an involved subject' - Graham Price, Head of Risk. JD Williams & Co. Ltd., UK

Download