Consumer Lending
Issued by
Center for Financial Training
This consumer lending course covers closed-end loans, indirect loans, and open-end credit products, as well as the lending process from application to recovery. Upon completion, you will be able to: describe key consumer lending laws and regulations; list the characteristics, benefits, and drawbacks of direct, indirect, and open-end credit; explain how marketing can increase loan volume; describe credit verification processes; and use the five C’s of credit in credit evaluation.
- Type Learning
- Level Foundational
- Time Weeks
Skills
Earning Criteria
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The methods of assessment include examinations, direct email essay questions, participation in discussion forums, and more with a minimum passing score of 70%