Most of our clients need support and guidance with debt solutions. This course is intended to be a refresher for financial mentors to keep them current with law changes and corresponding resources.
Aim of Module
To understand the options available for clients to manage their debt.
To keep current with law changes and corresponding resources.
Who is this course for?
Financial mentors who would like to stay fresh and current and check they know about debt solutions.
You may also want the resources attached to this course or know where to find them.
What will you learn?
At the completion of this course you will have explored:
- different options to manage debt to support your clients
- changes to the CCCFA Act
- the responsible lending code and responsible borrowing guidelines
- changes in the Red Flags
- insolvency procedures.
Throughout this course you will be able to download some resources, current as at September 2021.
It is expected that this course will take three hours to complete.
About the Instructors
Managing Types of Debt
Loan and Credit Products
Credit Contracts (Hire Purchases)
The question asks what are 5 disadvantages to hire purchase contracts and suggests that there are two advantages.
One small problem only six suggested answers given, 4 dis and 2 adv
But enjoyed the course