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MTG7404

Course
MTG7404
Course Title
Understanding Credit

Description

Credit scores and payment history are used by lenders to determine credit risk, which will ultimately affect a borrower's payment terms (loan amount, interest rate, etc). Understand the various types of credit and what can positively or negatively affect a credit score.

Objectives

Students will be able to

  • Evaluate borrower's credit score and payment history to determine credit risk
  • Explain to borrower's how to improve negative credit 

Content

1.  Why your score matters

2.  How credit scoring works

3.  The Vantage Score - A revolution or just more of the same?

4.  Improving your score - the right way!

5.  Credit Scoring Myths

6.  Coping with a credit crisis

7.  Rebuilding your credit score

8.  Identity Theft and your credit

9.  Emergency - Fixing credit scores fast

10.  Insurance and credit scores

11.  Keeping your score healthy

 

 

Prerequisites

N/A

Method of Instruction

Lecture, Class discussion, Case studies

Evaluation

Attendance and class participation