Credit card loan services

CPC v2.1 Code: 71134

About credit card loan services

cpc code 71134 covers the provision of credit card loan services, a crucial component of the broader financial services industry. This industry plays a vital role in facilitating consumer spending and enabling individuals to access credit for various purposes, from making purchases to managing cash flow. As a key driver of economic activity, the credit card loan services industry is closely intertwined with the overall health and growth of the 52 Finance and insurance sector.

Production process

The core production techniques in the credit card loan services industry involve the evaluation of credit applications, the extension of credit lines, the management of credit card accounts, and the collection of payments. Financial institutions, such as banks and credit card companies, utilize sophisticated risk assessment models, automated decision-making systems, and customer relationship management tools to streamline these processes and ensure the efficient delivery of credit card loan services.

Production inputs

The main inputs required for the credit card loan services industry include access to capital, robust information technology infrastructure, skilled personnel in areas such as credit analysis and customer service, and a comprehensive regulatory framework to govern the industry's operations. Additionally, the industry relies on partnerships with merchants, payment processors, and other financial service providers to facilitate the seamless integration of credit card transactions.

Production outputs

The primary output of the credit card loan services industry is the provision of credit to consumers, enabling them to make purchases, manage their finances, and access funds when needed. The credit card loan services industry's output is consumed by a wide range of 44-45 Retail trade and 72 Accommodation and food services industries, as well as individual consumers across various sectors of the economy.

Family tree for credit card loan services

    graph LR
    A["<a href='/classifications/cpc/v2-1/7'>7: Financial and related services; real estate services; and rental and leasing services</a>"]
A --> B["<a href='/classifications/cpc/v2-1/71'>71: Financial and related services</a>"]
B --> C["<a href='/classifications/cpc/v2-1/711'>711: Financial services, except investment banking, insurance services and pension services</a>"]
C --> D["<a href='/classifications/cpc/v2-1/7113'>7113: Credit-granting services</a>"]
D --> E["<a href='/classifications/cpc/v2-1/71134'>71134: Credit card loan services</a>"]

    D --> F["<a href='/classifications/cpc/v2-1/71131'>71131: Residential mortgage loan services</a>"]
D --> G["<a href='/classifications/cpc/v2-1/71132'>71132: Non-residential mortgage loan services</a>"]
D --> H["<a href='/classifications/cpc/v2-1/71133'>71133: Personal non-mortgage loan services for non-business purposes</a>"]
D --> I["<a href='/classifications/cpc/v2-1/71135'>71135: Non-mortgage loan services for business purposes</a>"]
D --> J["<a href='/classifications/cpc/v2-1/71139'>71139: Other credit-granting services</a>"]

    

    %% Color coordination by level

    classDef level1 color:#000,fill:#a8f9ff,stroke:#333,stroke-width:2px
    classDef level2 color:#000,fill:#e0a458,stroke:#333,stroke-width:1px
    classDef level3 color:#000,fill:#419d78,stroke:#333,stroke-width:1px
    classDef level4 color:#000,fill:#c04abc,stroke:#333,stroke-width:1px
    classDef level5 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef level6 color:#000,fill:#f1c40f,stroke:#333,stroke-width:1px
    classDef highlight color:#000,fill:#fff,stroke:#000,stroke-width:5px



  %% Apply classes
  class A level1
class B level2
class C level3
class D level4
class E level5
class F level5
class G level5
class H level5
class I level5
class J level5

  class E highlight

  %% class A level1
  %% class B,C level2
  %% class D,E,F,G,H,I level2
  %% class J,K,L,M,N,O,P level3
  %% class E highlight