For anyone looking to build a strong foundation of underwriting consumer loans, consumer credit risk training is an excellent course. It covers a wide range of topics starting from conducting application interviews to collecting on delinquent accounts.
What will I learn during the consumer credit risk training?
You will learn new skills during consumer credit and credit risk training such as:
- Conducting Application Interviews
- Verifying Income and Employment Information
- Reading and Evaluating a Credit Report
- Understanding Basic Concepts in Credit Scoring
- Complying with Consumer Credit Regulations
- Calculating Debt Service Ratios
- Declining and Making Counteroffers
- Reading Tax Returns and Personal Financial Statements
- Structuring the Loan
- Establishing and Perfecting Security Interest in Collateral
- Following up and Administering the Loan
- Collecting on Delinquent Accounts