Consumer Lending ILO

Description

Ideal for those new to consumer lending, as well as current lenders who want to enhance their knowledge. The course covers forming a loan policy, generating applications, learning about the credit investigation, and understanding the evaluation of and decisions that go into every loan application.

** Some vendors provide a price without textbook & shipping. CFTEA pricing includes all materials needed to complete your course. **

Learning Objectives

• Explain the consumer lending process
• Describe various loan products
• Identify components of the consumer installment credit market
• Apply credit math and loan pricing principles
• Recognize variables that affect loan structure

Audience

Entry-level consumer lenders, consumer credit personnel, and bank employees who need to understand consumer credit.

This course requires proctored exams.

Course Credits

ACE Credits: 3.0 in consumer lending or banking.