This online course provides a comprehensive understanding of consumer credit reports, crucial tools used in credit risk assessments. Learners will explore how credit reports are compiled, what information they contain, and their significance for both credit providers and consumers. Additionally, the course covers scenarios where consumers may not have credit reports, who can access them, and consumer rights regarding their reports. By the course's end, learners will grasp the value and various applications of consumer credit reports, empowering them to make informed credit decisions and safeguard consumers against identity theft.

What you will learn:

At the end of this course, the learner should be able to:

• Understand how a consumer credit report is created.
• Identify the various pieces of information included in a consumer credit report and their meanings.
• Determine situations where a consumer may not have a credit report.
• Identify entities authorised to access a consumer credit report.
• Understand the consumer's rights regarding their credit report.
• Recognise the value and practical applications of a consumer credit report.

Course Content:

• Consumer credit information and credit bureau reports
• How is a consumer credit report created?
• Unpacking a consumer credit report
• When will a consumer not have a credit report?
• Who can access a consumer’s credit report?
• Understanding the consumer’s rights in terms of his/her credit report
• The value and uses of a consumer credit report

Who Should Attend:

• Any individual who wants to understand and be able to read his/her credit report.
• Any individual working in credit, debt collections and debt counselling operations that interact with consumer credit reports in their daily work tasks.

Entry Requirements:

There are no entry requirements for this course.

Course Structure:

This course is only available in an online learning format. The course includes learning activities, videos and quizzes.

Assessments:

Learners will need to complete the online quiz for this course.

Accreditation:

This course is not accredited.

Certification:

 A Certificate of Successful Completion will be issued upon completion of the course.

Duration:

30 – 60 minutes