BUS 219 - Consumer Lending I

3 Credit Hours

The purpose of Consumer Lending I course is to provide students a basic understanding of loan products that include closed-end installment loans and open-end revolving loans for both direct and indirect lending. Included in this is learning how to evaluate different types of collateral, understanding the major objectives in a loan policy, and to understand the critical information needed on a loan application. Students will see how bank regulations impose requirements through these lending areas to stay in compliance.

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