Course curriculum

    1. 5100 Consumer Credit Overview

    2. 5110 Credit Advantages & Disadvantages

    3. 5115 Closed-End Credit vs Open-End Credit

    4. 5120 Loan Types & Institutions Commercial Banks

    5. 5125 Loan Types & Institutions Consumer Finance Companies

    6. 5130 Loan Types & Institutions Credit Unions

    7. 5135 Loan Types & Institutions Life Insurance Companies

    8. 5140 Loan Types & Institutions Federal Savings Bank

    9. 5145 Loan Options by Expense Level

    10. 5150 5 C's of Credit Credit History

    11. 5155 Credit Scores & How They're Calculated

    12. 5160 5 C's of Credit Capacity

    13. 5165 5 C's of Credit - Collateral

    14. 5170 5 C's of Credit Capital

    15. 5175 5 C's of Credit Conditions

    16. 5180 Equal Credit Opportunity Act (ECOA)

    17. 5190 Options if Denied Credit

    18. 5195 Cost of Credit

    19. 5200 Loan Components and Trade Offs

    20. 5210 Interest Calculation Methods

    21. 5215 Credit Billing Error & Disputes

    22. 5220 Credit & What to do if Identity is Stolen

    23. 5225 Protecting Your Credit From Theft or Loss

    24. 5230 Cosigning a Loan

    25. 5235 Debt Problem Warning Signs

    26. 5240 Financial Counseling Services

    27. 5250 Declaring Personal Bankruptcy

    1. 5110 Home Loan Borrowing Limit

    2. 5122 Debt Payments to Income Ratio

    3. 5162 Calculate APR and Payment Home Loan

    4. 5171 Pay Period Comparisons

    5. 5175 APR Simple Interest Examples

    6. 5177 APR Two Installment Loans Comparison

    7. 5163 Mortgage Rate (APR) Break Even Point

    8. 5179 Add on Interest Rate Loan

    1. 5110 Home Loan Borrowing Limit

    2. 5122 Debt Payments to Income Ratio

    3. 5162 Calculate ARP and Payment Home Loan

    4. 5163 Mortgage Rate (APR) Break Even Point

    5. 5171 Pay Period Comparisons

    6. 5175 APR Simple Interest Example

    7. 5177 APR Two Installment Loans Comparison

    8. 5179 Add on Interest Rate Loan

About this course

  • $40.00
  • 43 lessons
  • 7.5 hours of video content

Description

This course will focus on tools to help with personal financial decisions related to debt and credit.

Learners will understand the advantages and disadvantages of using credit, as well as the associated costs of using credit.

We will discuss credit-related terms like closed-end credit, open-end credit, and different loan types. Learners will also understand what financial institutions are, the differences in how different types of financial institutions operate, and which financial institutions may be best for their personal debt-related needs.

The course will cover factors that generally have an impact on an individual's ability to access credit, including the 5 C's of credit capacity:

1. Character

2. Capacity

3. Capital

4. Collateral

5. Conditions

Learners will learn about the equal credit opportunity act (ECOA). We will also discuss options for an individual if denied credit.

The course will discuss credit costs, loan components, and trade-offs when making credit-related decisions.

We will also look at interest calculation methods, a critical topic for understanding personal financing and making beneficial financial decisions.

The course will include example problems to make concepts more concrete.

It will also have practice problems, including downloadable Excel Workbooks, which users may also open using Google Sheets.

The Excel Workbooks will generally have at least two tabs. One tab will have the answer key so learners can deconstruct the problem. The second tab is where we work the practice problem step-by-step along with the instructional videos.