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AIB - FUNDAMENTALS OF CONSUMER LENDING
Course Description: Fundamentals
of Consumer Lending covers the basics of consumer credit including
terminology, categories of credit, credit worthiness. Students will
learn the application process and the actions required to ensure bank
compliance with regulations. By the end of the course, students should
have a higher comfort level with consumer credit and feel an increase in
credibility when interacting with clients who apply for consumer credit.
Audience:
Any bank personnel with little or no experience in consumer lending.
Learning Objectives:
After successfully completing this program, you will be able to:
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Describe consumer
credit basics including examples of consumer credit, the consumer
credit operations of a bank, and the credit application process
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Define basic categories
of consumer credit and terminology
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Explain how banks make
money from loans including which rate types banks use, which factors
determine loan pricing, and which loan cost categories affect loan
profitability
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Describe the credit
evaluation and decision-making systems, namely the Five C's of
Credit and credit scoring
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Summarize the impact of
bank regulations upon the credit application process
Credit:
AIB - 0.5; ICB - 7.25 (CLBB) Delivery Method:
This course is available in the following formats:
For further information,
please call Elisa Legg at 212-297-1679 or
elegg@nyba.com.
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