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Sponsored Repayment
Sponsored repayment is a personal finance strategy where consumers enter into an arrangement with one or a coalition of sponsors so that a portion of the consumer's purchases at the sponsor are rebated to fund payments to financial obligations like utility bills, credit cards, and student loans. Sponsored repayment benefits consumers by helping them accumulate rebates to fund payments to creditors and benefits sponsors through encouraging customer loyalty. Sponsored repayment is most effective when consumers earn rewards from purchases they already make and do not overspend in an effort to accumulate rewards, thus reducing the risk of taking on a larger financial obligation than they have capacity to pay. See also * Debt management * Personal finance * Loyalty programs * Cashback website A cashback website is a type of reward website that pays its members a percentage of money earned when they purchase goods and services via its affiliate links. Cashback shopping Users of ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Finance
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal finances, the individual would consider the suitability to his or her needs of a range of banking products ( checking, savings accounts, credit cards and consumer loans) or investment in private equity, ( companies' shares, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of and- or employer-sponsored retirement plans, social security benefits, and income tax management. History Before a specialty in personal finance was developed, various disciplines which are closely related to it, such as family economics, and consumer economics were taught in various colleges as part of home economics for over 100 years. The earliest known research in personal financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Patron (other)
A patron is a person or organization that supports another. Patron or Patrón may also refer to: Common uses * Customer * Patreon subscriber * Patron god * Patron saint * Sponsor, a patron of a bill People * Patricio Patrón Laviada (born 1957), Mexican politician who served as Governor of Yucatán *Elena Patron (1933–2021), Filipino scriptwriter, novelist, poet, dramatist, essayist, and magazine columnist * Giselle Patrón (born 1987), Peruvian model and actress * Pablo Escobar (1949–1993), Colombian drug lord nicknamed “El Patrón” * Patron (rapper) (born 1988), Turkish rapper Arts, entertainment, and media * ''Patron'' (2021 video game) * ''El Patrón'' (album), by Puerto Rican singer-songwriter Tito El Bambino * '' Purp & Patron'', two mixtapes and the first double disc mixtape by rapper Game Animals * Patron (dog), a Ukrainian bomb-sniffing dog and mascot * Patron (horse), a racehorse Other uses * Patrón, a brand of tequila * Pizza Patrón, an American piz ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Credit Cards
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the other agreed charges). The card issuer (usually a bank or credit union) creates a revolving account and grants a line of credit to the cardholder, from which the cardholder can borrow money for payment to a merchant or as a cash advance. There are two credit card groups: consumer credit cards and business credit cards. Most cards are plastic, but some are metal cards (stainless steel, gold, palladium, titanium), and a few gemstone-encrusted metal cards. A regular credit card is different from a charge card, which requires the balance to be repaid in full each month or at the end of each statement cycle. In contrast, credit cards allow the consumers to build a continuing balance of debt, subject to interest being charged. A credit card diffe ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Student Loans
A student loan is a type of loan designed to help students pay for post-secondary education and the associated fees, such as tuition, books and supplies, and living expenses. It may differ from other types of loans in the fact that the interest rate may be substantially lower and the repayment schedule may be deferred while the student is still in school. It also differs in many countries in the strict laws regulating renegotiating and bankruptcy. This article highlights the differences of the student loan system in several major countries. Australia Tertiary student places in Australia are usually funded through the HECS-HELP scheme. This funding is in the form of loans that are not normal debts. They are repaid over time via a supplementary tax, using a sliding scale based on taxable income. As a consequence, loan repayments are only made when the former student has income to support the repayments. Discounts are available for early repayment. The scheme is available to cit ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Rebate
Rebate may refer to: Sales and finance * Rebate (marketing), a type of sales promotion ** Conditional rebate * Tax rebate, a reduction in taxation demanded * UK rebate, a financial mechanism which reduced the United Kingdom's contribution to the European Union Other uses * Rebate or rabbet, a woodworking term for a groove * Rebate plane, a hand plane designed for cutting rabbets in wood * Rebate tile, a building material used in southeastern England in the 18th and 19th centuries * Rebated rim, a firearm cartridge configuration See also * Rebate card A rebate card is a debit card that provides funds promised by a business as a rebate. They are often offered to those who make a specific purchase, or for loyalty to a company by accumulating a certain amount of money or number of points worth o ..., a type of debit card * Kickback (bribery) {{disambiguation ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Customer Loyalty
The loyalty business model is a business model used in strategic management in which company resources are employed so as to increase the loyalty of customers and other stakeholders in the expectation that corporate objectives will be met or surpassed. A typical example of this type of model is: quality of product or service leads to customer satisfaction, which leads to customer loyalty, which leads to profitability. The service quality model A model by Kaj Storbacka, Tore Strandvik, and Christian Grönroos (1994), the service quality model, is more detailed than the basic loyalty business model but arrives at the same conclusion. In it, customer satisfaction is first based on a recent experience of the product or service. This assessment depends on prior expectations of overall quality compared to the actual performance received. If the recent experience exceeds prior expectations, customer satisfaction is likely to be high. Customer satisfaction can also be high even with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Debt Management
Debt management plan (DMP) is an agreement between a debtor and a creditor that addresses the terms of an outstanding debt. This commonly refers to a personal finance process of individuals addressing high consumer debt. Debt management plans help reduce outstanding, unsecured debts over time to help the debtor regain control of finances. The process can secure a lower overall interest rate, longer repayment terms, or an overall reduction in the debt itself. Overview DMPs for consumers are often negotiated by a credit counseling agency on behalf of the debtor. Credit counseling agencies often address the debt by working with the debtor to set a budget based on their regular income and expenditures that will then include one regular bill payment that is allocated across the creditor(s). Agencies will negotiate on behalf of the debtor to lower payments and interest rates with creditors. Some of the agencies are non-profits that charge no or non-fee rates, while others can be f ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Personal Finance
Personal finance is the financial management which an individual or a family unit performs to budget, save, and spend monetary resources over time, taking into account various financial risks and future life events. When planning personal finances, the individual would consider the suitability to his or her needs of a range of banking products ( checking, savings accounts, credit cards and consumer loans) or investment in private equity, ( companies' shares, bonds, mutual funds) and insurance (life insurance, health insurance, disability insurance) products or participation and monitoring of and- or employer-sponsored retirement plans, social security benefits, and income tax management. History Before a specialty in personal finance was developed, various disciplines which are closely related to it, such as family economics, and consumer economics were taught in various colleges as part of home economics for over 100 years. The earliest known research in personal financ ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Loyalty Programs
A loyalty program is a marketing strategy designed to encourage customers to continue to shop at or use the services of a business associated with the program. Today, such programs cover most types of commerce, each having varying features and rewards schemes, including in banking, entertainment, hospitality, retailing and travel. The market approach has shifted from product-centric to a customer-centric one due to a highly competitive market and a wide array of services offered to customers, therefore, it's important that marketing strategies prioritize growing a sustainable business and increasing customer satisfaction. A loyalty program typically involves the operator of a particular program set up an account for a customer of a business associated with the scheme, and then issue to the customer a loyalty card (variously called rewards card, points card, advantage card, club card, or some other name) which may be a plastic or paper card, visually similar to a credit card ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Cashback Website
A cashback website is a type of reward website that pays its members a percentage of money earned when they purchase goods and services via its affiliate links. Cashback shopping Users of cashback websites can know ahead of time how much they stand to get back for their purchases at each specific retailer before they buy. ''Sunday Express''. Retrieved 2016-07-02. Sites vary on what form of cashback rebates they offer their users. Some programs will provide the users with a percentage of the total purchase price, while others have a flat sum that they pay out for each action. When a customer makes a purchase online, instead of visiting the retailer directly, they may choose to follow a link from a cashback ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
