This AIB course provides participants with basic knowledge about consumer credit. It covers terminology, basic categories of consumer credit, determining credit worthiness, and the application process. It includes the origin of regulations protecting consumer credit transactions, and reviews specific regulations that apply to consumer credit.

   Audience: Personnel who currently sell or are otherwise involved in the consumer lending process.

    Learning Objectives

   At the conclusion of the program participants will be able to:

• Explain how banks make money from loans
• Describe the basic categories of consumer credit-open-end, closed-end, secured, and non-secured
• Define basic credit terminology
• Describe the five Cs of credit
• Describe the application process and actions required to assure bank compliance with regulations

Enrollment Form

(Download and print from SER-CFT website, complete and fax to 904-354-1834)