- Business Rules
1 Hour SAFE: Evaluating Consumer Credit
There is a lot of information packed into one credit report that is key in qualifying borrowers for loan products. This course will help you unravel the wealth of information contained in credit reports as well as provide you with a methodology for reconciling credit and handling credit problems that may be uncovered in your analysis.
Please note that the SAFE Act specifically prohibits the taking of the same course in successive years.
Upon completion of this course, you will be able to:
- Explain the factors that influence a credit score
- Recognize the major credit reporting agencies and the characteristics of their reports
- Handle identity theft and fraud alerts
- Identify the steps in reconciling a credit report
- Identify the characteristics of nontraditional credit
- Evaluate factors of credit risk
Each self-paced, self-study course examines a particular topic, allowing students to hone in on a focused set of learning concepts. Each course is designed with learning objectives, comprehensive course materials, learning reinforcement activities that appeal to various learning styles and real-world examples, with audio and/or video recordings of industry experts.
The final exam is completed online with instant grading, and you can download your industry-recognized certificate of completion after you successfully pass the course. This course will take no less than one hour to complete.
Tuition and Registration
This course satisfies one hour of NMLS-approved Continuing Education training as an elective. Tuition for this course is $60.00 and includes the Credit Banking and Admin Fee applicable to this course.
Students have until December 31 in the year in which the course is purchased to complete the course. You may complete the course at any time during this period. However, course providers are afforded seven calendar days to credit the student’s NMLS account following successful completion of the course. It is strongly advised that you complete the course at least one week prior to the December 31 deadline.
NOTE: The SAFE Act specifically prohibits the taking of the same course in successive years.
For more information or to register by phone, call your Regional Account Executive at (800) 848-4904 or email firstname.lastname@example.org.