Individualism and Collectivism Culture Theories Essay -- Culture

Independence and Collectivism are two acknowledged speculations that are ordinarily utilized when managing one’s culture and political perspectives. As indicated by Kemmelmeier, H. M. furthermore, Coon, Individualism and Collectivism ideas has been utilized to â€Å"depict, explain, and imagine uniqueness in people’s feeling, conduct, standards, attribution, self observation, socialization, and communication.† Nonetheless, independence and cooperation has shared some common perspectives just as muddled positions on humankind, the demeanor of individuals, the alliance of society and the qualities of individuals in the individualistic culture. Independence and Collectivism have shared objectives, in any case they concedes to what ought to be accomplish, yet their feeling vary by they way we ought to accomplish what should be accomplished. Numerous savants has pinpointed a distinction in these two hypotheses clarifying that â€Å"societies can be differentiated alo ng an individualistic-collectivistic pivot, with those toward the individualistic end underscoring the â€Å"I† and those toward the opposite end stressing the â€Å"we† in pondering, assessing, and authorizing informative conducting.† Individualism has been related with the I-character and cooperation being related with the We-personality. In utilizing these pronouns as distinguishing proof it talks volume as what every hypothesis is about. The independence or the I-character has been sort as people that place accentuation on themselves or their close family, it has been apparent that specific nations has tried this personality, for example, The United States of America, Australia, France, and Canada. Maverick incorporate their ways of life encircle self completion and individual accomplishment; they trust in balance bu... ...fstede, G. (2009, June). Dimensionalizing Cultures: The Hofstede Model in Context. Online Readings in Psychology and Culture (Unit 17, Chapter 14).  ©International Association for Cross-Cultural Psychology. Donal Carbaugh, Intercultural Theory [on-line] Available from http://eco.ittralee.ie/individual/theories_III.php#1; Internet. Lustig, Myron and Jolene Koester. 1998. Intercultural Competence: Interpersonal Communication Across Cultures (third Ed.). (Addison-Wesley Publishing, 1998), 30. Coon, H.M. and Kemmelmeier M. (2001) Cultural direction in the United States. (re) analyzing contrasts among ethnic gatherings. Diary of Cross Cultural Psychology 32, 348-364 Stella Ting-Toomey. (2005). The lattice of Face: An Updated Face-Negotiation Theory,† in William Gudykunst, Ed., Theorizing about intercultural correspondence. Sage Publications. 71-92.

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Whats Up with Payday Loans in Kansas City

Whats Up with Payday Loans in Kansas City What’s Up with Payday Loans in Kansas City? What’s Up with Payday Loans in Kansas City?How Many Payday Lenders in Kansas City, MO Have Been Ordered to Pay Settlements in the Past Two Years?You give up? Four. The answer is four.That’s right. In the past two years, four payday lenders lenders in the Kansas City-area have paidâ€"or at least been ordered to payâ€"financial settlements to the US government as a result of unethical business practices.So What Gives?Turns out, Kansas City, MO is something of a hub for payday lenders. In Fact, Kansas City alt weekly The Pitch has called Kansas City, “the payday-lending capital of North America.[1] These are businesses that offer short-term, high-interest loans to people who need cash and don’t have (or don’t believe they have) better options available to them.In each of these cases, it was determined that these payday lenders were taking advantage of customersâ€"usually through misleading terms, confusing loan agreements, and interest rates as high as 700%.One of these lender s, so-called “payday loan mogul” and, umm, professional racecar driver, Scott Tucker, was just handed a $1.266 billion judgment in federal court. That’s the largest settlement in Federal Trade Commission (FTC) History.Another lender, Walter Mosely Sr., whose case had not yet been decided, was arrested on the same day as Tucker on similar charges.[2] Mosely’s lending group, by the way, was called Hydra Lenders which … come on, that isn’t even subtle. If you’re going to start a predatory lending business, maybe picking the same name as the very famous bad guys from Captain America isn’t a great idea.Then there are Tim Coppinger and Ted Rowland, two payday lenders who also settled with the FTC over charges of deceptive and unethical lending. Coppinger was ordered to pay $32 million and Rowland was ordered to pay $22 million.[3]So whats being done about it?If you want to know whats going on with payday lending in America, check out whats happening in Kansas City, Mo.Sinc e Kansas City is an industry hub for payday lending, its clearly drawing a lot of attention. For instance, it is no coincidence that the Consumer Financial Protection Bureau chose Kansas City of all places to announce their new rules to crack down on predatory payday lending. If you want to know whats going on with payday lending in America, check out whats happening in Kansas City, Mo.And what is happening with payday loans in Kansas City right now is exactly what  should  be happening. The federal government is stepping in, investigating reports of abuse and issuing heavy fines to lenders who have engaged in unethical behavior. Did you know that the $1.266 billion dollar settlement against Scott Tucker the largest settlement in the FTCs history? Sounds like theyre taking this seriously.At OppLoans, we believe in being socially responsible, and in issuing loans that our customers can afford to repay. People with less-than-perfect credit deserve better than payday loans in Kansas Ci ty, and everywhere else. So for the sake of borrowers in Kansas City, and around the country, we hope to see lots more stories like these ones in the months and years to come.References:Vockrodt, S. “KC’s dethroned online payday lenders aren’t gaming the feds anymore.” Retrieved October 12, 2016 from http://www.pitch.com/news/feature-story/article/20553808/payday-lending-kansas-city-joel-tuckerMcGuire, D., Rosen, S. Campbell, M. “KCC payday lenders Scot Tucket and Richard Moseley Sr. indicted in federal crackdown.” Retrieved October 10, 2016 from http://www.kansascity.com/news/business/article59551056.htmlHudnall, D. “Unpacking the FTCs payday-lending settlement with Tim Coppinger and Ted Rowland.” Retrieved October 12, 2016 from http://www.pitch.com/news/article/20562219/unpacking-the-ftcs-paydaylending-settlement-with-tim-coppinger-and-ted-rowland