The document discusses various types of financial products and lending practices including credit cards, bank overdrafts, personal loans, home equity lending, auto-title lending, informal lending, and peer-to-peer lending. It provides details on what each type of lending involves, how interest is calculated for credit cards and overdrafts, and examples of secured versus unsecured personal loans. The document is intended to present information on these common financial topics.

1. FINANCIAL TOPICS …….Credit cards

2. Bank overdraft products

3. Personal loans

4. Home-equity lending

5. Auto-title lending

6. Informal lending

7. Peer to Peer LendingPresented By: Atul Jain (69)Presented To: Mr. Vamsi Krishna

8. CREDIT CARDWHAT

9. WHO

10. WHEN

11. WHERE

12. HOWCredit Card Major Benefits To User: Delayed Payment

13. Revolving Credit

14. Rewards

15. Consumer ProtectionTo Merchant:Fast Payment

16. Assurance Payment

17. Increased Consumer SpendingCredit Card Interest Charges Credit card issuers usually waive interest charges if the balance is paid in full each month, but typically will charge full interest on the entire outstanding balance from the date of each purchase if the total balance is not paid.General Formula: APR ADB -------- X -------- X number of days revolved 100 365