BNK 215 Consumer Lending Course Objectives

After successfully completing this course, a student will be able to:

1. Describe key laws or regulations affecting consumer lending
2. List characteristics, benefits, and disadvantages of direct lending, indirect lending, and open-end  credit products
3. Explain how effective marketing can increase loan outstandings and application volume
4. Describe consumer loan information sources and the credit verification process
5. Explain how the five Cs of credit are used in credit evaluation and decision making
6. Identify types of consumer loan documents and describe their purpose
7. Discuss causes of consumer loan delinquencies and collection stages and remedies