Universal Class - Leading Provider of Continuing Education
 
IACET Authorized Provider Enroll today! This is a self-paced, continuing education, online course with instructor. You have 6 months to complete.
Course Cost: 6 Month Subscription
Course (no Certificate)   =   $40.00
Course with CEU Certificate*   =   $65.00
* Instantly download, print, and share your CEU Certificate at course completion (additional shipping/handling charges apply for hard copy delivery). UniversalClass™ offers many wonderful learning tools including an online portfolio service that manages all your course completions and CEUs.  

Course Description

Credit governs everyone's lives. It is what allows people to buy a house, get a car, have a credit card and generally live a life they cannot really afford. Sadly, many people get into a debt spiral that soon goes out of control. They have trouble keeping their head above water, and soon they fall under as the weight of debt drags them down.

 

Thankfully, credit can be managed and all it takes is having the ability to change how one lives their life. By implementing the lessons explained in this course, an individual will be able to take their credit and repair it.

This is not to say that it will be easy. If anything, it will be very difficult to do. They will be struggling to keep their head above water, but as they persevere, they will be able to slowly fix their credit and get credit relief.

 

Credit scoreThe statistics are staggering with how many people suffer from credit problems. Millions, with that number growing because of the economy, are actually using credit to keep their heads above water. This is a losing strategy that only results in them losing nearly everything they have as the water quickly pulls them under and the debt rock shows no signs of letting go.

 

There are many ways that a person can get rid of debt, and they are covered in this course. These include:

 

  1. Understanding Credit
  2. Understanding a credit score
  3. Understanding how credit is affected
  4. Understanding Credit Cards
  5. Understanding Foreclosure
  6. Understanding Bankruptcy
  7. Understanding the Debt to Income Ratio
  8. Understanding the Debt Spiral
  9. Finding Debt Counseling
  10. Finding Debt Consolidation
  11. Learning to live within one's means
  12. Learning how to budget
  13. Knowing how to stay on track
  14. Understanding Credit Reports
  15. Fixing Credit Errors

 

These must be done right, and cannot be rushed. To get out of debt and realize credit relief, one has to work hard to do so. This course will explain how to repair credit using the tips that have helped millions of other people raise their credit score hundreds of points through know-how and determination.

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Learning Outcomes

By successfully completing this course, students will be able to:
  • Define what credit is.
  • Describe what a credit score is.
  • Describe what affects your credit score.
  • Define what a credit card is how that affects your credit score.
  • Describe the foreclosure process and what it does to your credit report.
  • Describe the bankruptcy process and how that affects your credit report.
  • Define the Debt to Income Ratio.
  • Summarize how people end up in a 'debt spiral'.
  • Summarize the pros and cons of debt counseling.
  • Summarize the pros and cons of debt consolidation.
  • Summarize methods to live within your means.
  • Create a budget.
  • Request your credit reports.
  • Summarize methods to correct errors on your credit reports, and
  • Demonstrate mastery of lesson content at levels of 70% or higher.

Course Lessons

Lesson 1: What Is Credit?

What Is Credit?
Forms of Credit
Credit Stats

Lesson 2: What Is A Credit Score?

What Is A Credit Score? FICO Score How Is The Score Calculated? Range of Scores

Lesson 3: How Is Your Credit Affected?

How Is Your Credit Affected? Paying Bills Applying For Credit Credit Cards Foreclosure Bankruptcy

Lesson 4: Credit Cards

Credit Cards How Many Cards? Minimum Payments Cash Advances

Lesson 5: Foreclosure

Lesson 5: Foreclosure

Lesson 6: Bankruptcy

Lesson 6:Bankruptcy
Bankruptcy and Credit Score
Bankruptcy Statistics

Lesson 7: Debt-to-Income Ratio

Lesson 7: Debt-to-Income Ratio
Why Does It Matter?
How Do You Lower It?
What Is The Best Ratio?
What Is The Worst Ratio?

Lesson 8: The Debt Spiral

Lesson 8: The Debt Spiral
Getting Out of the Spiral

Lesson 9: Debt Counseling

Lesson 9:Debt Counseling
A Brief History of Credit Counseling
A Good Choice?
Be Careful

Lesson 10: Debt Consolidation

Lesson 10: Debt Consolidation
When To Get It
Predatory Lending
Loans Versus Debt Consolidation

Lesson 11: Living in Your Means

Lesson 11: Living In Your Means
Credit Is Not Cash
Limiting Purchases
Planning Ahead
Sell What Is Not Needed
Think About Purchases
Go for Lower Interest Rates

Lesson 12: Budgeting

Lesson 12: Budgeting
Making a Budget
Things That Can Ruin a Good Budget
What About Slip-Ups?

Lesson 13: Tips for Staying on Track

Lesson 13: Tips for Staying on Track
Can it Be Done?

Lesson 14 : Credit Reports

Lesson 14: Credit Reports
How Often to Check?
Who Provides Them?
How Many Use Credit Reports?
Advantages of Credit Reports

Lesson 15: Credit Errors

Lesson Fifteen: Credit Errors
How to Prevent Them
Fix the Errors
Keeping Detailed Records
How Much Can It Damage?
Tell a Friend

Additional Information

Course Title : Understanding and Managing Your Credit Report
CEU Value :

1.4 IACET CEUs (Continuing Education Units)

Standard :

Course Adheres to the ANSI/IACET 1-2007 Standard

Accreditation :

Universal Class, Inc. has been accredited as an Authorized Provider by the International Association for Continuing Education and Training (IACET), 1760 Old Meadow Road, Suite 500, McLean, VA 22102.

Languages : English - United States, Canada, United Kingdom, Australia, New Zealand, and other English speaking countries
Course Number : 8900102
Course Type : How To
Course URL :

http://creditreport101.onlineclasses.com

Course Rating : Excellent Course! 4 Star Rating
Instructor :

John Chouinard

Syllabus :

View Syllabus

Grading Policy :

Earn a final grade of 70% or higher to receive a CEU Certificate documenting CEUs earned

Assessment Method :

Lesson assignments and review exams

Duration : Continuous: Enroll anytime!
Requirements : View Technical Requirements
Course Fee :

Basic Course: $40.00 (no CEU Certificate)

   

with CEU Certificate: $65.00

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