Online Class: Debt Reduction

$50.00
no certificate

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$75.00
with CEU Certificate*

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11

Lessons
12

Exams &
Assignments
10

Hours
average time
1.0

CEUs
62

Students
have taken this course

Course Description

This course teaches the concept of debt reduction and shows students how to wisely manage credit and personal debt. It is based on the premises that there are a lot of lifestyle changes and financial decisions that one can make to take control of his or her financial position. However, most of the steps, procedures, and advice offered in this course can be equally helpful in managing personal finances with the ultimate goal of attaining financial freedom. By the end of the course, the leaner should be able to;

Manage credit and debt effectively
Increase income
Control expenditure
Save early for retirement
Debt-proof his/her future
Attain financial freedom

Completely Online
Self-Paced
6 Months to Complete
24/7 Availability
Start Anytime
PC & Mac Compatible
Android & iOS Friendly
Accredited CEUs

Universal Class is an IACET Accredited Provider

Course Lessons

Average Lesson Rating:

"Extraordinarily Helpful"

(325 votes)

Lesson 1: The Concept of Debt

Debt is simply defined as an amount of cash borrowed by a person from another person, a financial institution, or the government. 50 Total Points

Review 2 Articles: Debt Glossary; Debt Collection Industry Terms
Complete: Exam 1

Lesson 2: Debt Spiral ? Warning Signs

The debt spiral starts quite innocently. Often, it starts with a simple financial mistake such credit card mismanagement. 50 Total Points

Review Article: One-Third of Couples Go Into Debt for Their Wedding Day
Review 4 Videos: 3 Warning Signs of Too Much Debt; Debt warning signs; Top 10 Warning Signs of Debt; Don't go Into Debt To Buy Stupid Stuff - Dave Ramsey Rant
Complete: Exam 2

Lesson 3: Young People and the Debt Trap

The 21st century generation is struggling under the weight of heavy college loans as well as other debt ? a heavy load that sets it apart from the past generations. 50 Total Points

Review 3 Articles: Too much student debt can lead to turbulence; How to Get Out of Debt: A Step-by-Step Guide to Financial Freedom; Steps to help you get out of debt
Complete: Exam 3

Lesson 4: Mistakes that Keep You Stuck in Debts

Regardless of how you got yourself into debt, it?s possible to be debt free. 50 Total Points

Review 5 Articles: Top Debt Mistakes to Avoid; 7 Financial mistakes to avoid; 3 student loan mistakes to avoid; Top 7 worst credit card mistakes; The biggest money mistakes millennials are making
Complete: Exam 4

Lesson 5: Debt Reduction Plan ? How to Become Debt Free

The increased accessibility of credit facilities via banks, loans, and cards has resulted in a sharp rise in debt and the number of people experiencing financial difficulties. 50 Total Points

Review 5 Articles: Get Out of Debt With the Debt Snowball Plan; Video: How To Create a Debt Reduction Plan in Quicken; 4 Free Debt Reduction Spreadsheets; Calculator: When will I be debt-free?; 33 Proven Ways to Reduce Personal Debt
Complete: Exam 5

Lesson 6: Dealing With Debt Management Agencies

Charitable agencies are different from agencies or firms that claim to provide ?free help.? Most ?free debt management agencies? only claim to be free, but they have other means of charging you. 50 Total Points

Review 4 Articles: Best Debt Management Companies for 2016; 10 Things You Should Know About Debt Management Programs; What Types Of People Are Best Suited For A Debt Management Plan?; ?Should I Choose Debt Management Or Debt Settlement??
Complete: Exam 6

Lesson 7: Strategies to Boost Your Credit Score

A credit score is a number that allows lenders to know how much of a credit risk a person is and how well he/she is at repaying his/her debts. 50 Total Points

Review 4 Articles: Understanding Your Credit Score; 10 Things Consumers Don't Understand About Credit Scores; Want to Raise Your Credit Score? Here's a Clever Way to Do It; Take these steps to improve your credit score
Review 3 Videos: Understanding your Credit Score | by Wall Street Survivor; How To Raise Your Credit Score: Killer Strategies; The Best Strategies For Increasing Your Damaged FICO Scores - Boost Credit Standing
Complete: Exam 7

Lesson 8: The Path to Financial Security and the Time Values of Money

Being financially free means different things to different individuals. 50 Total Points

Review 3 Articles: How Do You Know if You're Financially Free; Financial Freedom: What Does It Mean To You and How Do You Achieve It?; 6 Reasons Why You Will Never Become Financially Free
Review 2 Videos: How to create a financial plan for yourself; Personal Financial Planning Tips : How to Create a Financial Plan
Complete: Exam 8

Lesson 9: The Importance of Saving for Retirement Sooner Rather Than Later

Saving for retirement removes tomorrow doubts by allowing you to set money aside for retirement years. 50 Total Points

Review 5 Articles: Retirement Savings Calculator; What Your Retirement Savings Should Look Like at Age 50; The Average Retirement Savings by Age for 2016; 5 Mistakes That Are Reducing Your Retirement Savings; Meet 3 ordinary people with bigger-than-usual retirement savings
Complete: Exam 9

Lesson 10: Pain-Free Ways to Increase Your Income

Income is money a business or a person receives in exchange for a service, good or investing capital. It is consumed to finance debts, daily expenditures, savings and investment. 50 Total Points

Review 3 Articles: 8 Steps You Can Take Starting Today to Dramatically Increase Your Income; Increase Your Income in Ways Most People Don't Know; Increase Your Disposable Income
Review Video: 10 Ways To Make Money: Maximizing, Creating And Increasing Your Income
Complete: Exam 10

Lesson 11: Tracking Your Money: Budgeting

A well-written budget is the foundation on which you should base your financial goal. 325 Total Points

Take Poll: End of Course Poll
Take Survey: Course Comments
Complete: Exam 11
Complete: Final Exam

825

Total Course Points

Additional Course Information

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