Although high-risk home loans have become an ill fame because of the recent time recession in the economy of America, they have a good side. Indeed, not all high-risk loans are risky because of bad credit. These loans are classified as risky just because the loaner doesn’t have financial history. The advantage of this type of financial assistance is that they provide risky borrowers the opportunity to improve their financial standing by starting establishing financial histories.
Financial institutions include commercial banks, S&Ls, credit unions, finance companies, and brokerage houses.
Financial institutions are the major interface with retailers for establishing credit card programs including authorization, transaction processing, and check clearance. Financial institutions are also a major marketeer of check verification/guarantee services. Continue reading “FINANCIAL INSTITUTIONS”
? The market for credit card authorization/check guarantee services focuses on consumers. In the aggregate, the size of the potential marketplace is defined by 1984 industry based data statistics:
Credit cards: seven billion transactions with a total volume approaching $300 billion. Continue reading “MARKET STRUCTUREMARKET STRUCTURE”
POTENTIAL FOR ADDITIONAL SERVICES
? The market for CCAS/CGS is made even more attractive by the high potential for offering additional services, both to the existing client base and in other market areas.
? The technology for offering CCAS/CGS is directly applicable to the delivery of additional services that address needs within the existing client base and in new market areas: Continue reading “POTENTIAL FOR ADDITIONAL SERVICES”
The Federal Reserve Board?s 1949 Survey of Consumer Finance shows: 20,000,000 nonfarm families own their own homes; the equity in these homes is $132 billion; the average equity value is $7,000; of these 20,000,000 homeowners, 55% have no mortgages; there are now more homeowners than renters; 6,000,000 have been added since the war.
In the light of that philosophy let us briefly look at the program enacted by and remaining before the Congress as it bears upon your expanded and productive business. Continue reading “Congress”
This market focus report is produced by INPUT as a part of the Processing Services Program of INPUT’S Market Analysis and Planning Service (MAPS). The report analyzes credit card authorization/check guarantee services markets in the United States. Continue reading “Market”
Hon. John W. Brigker
United States Senator from Ohio Member of Senate Banking and Currency Committee Columbus Ohio
A DISTRAUGHT WORLD has Changed the thinking of many people. Nations have chosen new courses under strange leaders and under policies our forefathers discarded centuries ago. Increaised populations and the growth of large cities have created new and challenging social and political problems. Many aspiring political leaders have discarded the clarion call of Patrick Henry ? great liberal of his age ? for ?Liberty or death? and have modernized it to ?Give me security or give me death.? There are many followers, for an insecure society generates a yearning for security. Continue reading “GOVERNMENT ENCROACHMENT ON INDIVIDUAL FREEDOM”
We used to say that it could not happen here. It has already happened. The only question is how much further are the majority of the people going to let it go before we awaken and do something about it. Are we and the so many others like us going to let it go by default all the way with the accompanying destruction of everything generations of Americans have fought and died to preserve? Continue reading “Generations of Americans”
The time has come when the people of this Republic must stand up and be counted in this cold war of national socialism against our proven and long-held American beliefs. Continue reading “SAVINGS AND LOAN ANNALS”