Consumer Credit

Course Overview

On successful completion of this e.learning course, you should be able to:

Demonstrate an understanding of the objective and purpose of Consumer Credit Management.

Understand the role and effect of consumer credit within the business environment.

Understand the organisational requirements of credit management functions.

Understand the marketing and sale of a range of consumer credit products.

Understand how to assess and control risk.

Understand different documents and systems used for consumer credit.

Understand collection and recovery methods. 

Explain the application and policies of the National Credit Act and the accompanying Regulations to the Act on Consumer Credit Management.

Explain the obligations of Credit Providers in terms of communication and training in regards to Consumer Credit Management and underlining principles.

Interpret the policies, procedures and management controls required to achieve compliance with the objectives of Consumer Credit Management.