September 22 – December 8
Making loans is why credit unions exist. They were founded as a device for pooling community resources to lend funds at affordable rates, enabling the most modest of the members to improve their lives with the use of borrowed capital. For this reason, it is important to understand the decision-making tools and information necessary for deciding on the vitality of a loan. This course will show students how to make the best use of credit reports and loan ratios, application reviews and credit scoring, interview guides and historical analysis. Students will learn the skills necessary to demonstrate that lending decisions are based on sound analysis of the applicant’s credit history and current financial capabilities.