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Apr 29, 2024
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2008-2009 Catalog Archived Catalog
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BNK 2130 - Consumer Lending3 sem hrs cr
In this course, the techniques of installment lending are presented concisely. Emphasis is placed on establishing the credit, obtaining and checking information, servicing the loan, and collecting the amounts due. Each phase of a bank’s installment credit operation should be carefully scrutinized to be certain that the most efficient methods are employed for only through an efficient operation can a bank maximize its profits on this particular kind of credit. Other topics discussed are inventory financing special loan programs business development and advertising and the public relations aspect of installment lending.
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