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Credit Fundamentals (LCI5103)

Continuing Education → Professional Development


Description

This course is all about credit. From the ABCs to the 5 "C's", Credit Fundamentals are the bees knees. Here's what we cover: How credit is used; Consumer credit products; and Leasing. It's no journey on the high seas, but you will learn about the credit forrest through the trees...

Institute accredited CE: 1.00

CE Credits: 1.00 Accreditation Number: IAS17143901 CE Credit Type: Professional Development

Content
  • Credit fundamentals
  • Credit Fundamentals Introduction
  • The Five "Cs" of Credit
  • Understanding Credit History
  • Debt Service Ratios
  • Consumer Credit Products
  • Mortgages
  • Credit Cards
  • Charge Accounts
  • Personal Lines of Credit
  • Home Equity Lines of Credit
  • Overdraft Protection
  • Personal Loans
  • Payday Loans
  • Investment Loans
  • Leasing
  • Leasing a Vehicle
  • Pros and Cons of Leasing a Vehicle
  • Leasing Terminology
  • Open Versus Closed Lease Agreements
  • Final test
  • Credit Fundamentals Test
Completion rules
  • You must complete the test "Credit Fundamentals Test"
  • Leads to a certification with a duration: Forever