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Lines of Credit and Credit Cards
Learn the basics of lines of credit and credit cards.Preview the first lesson free — get full access to all 9 lessons.
Beginner Provider : KnowledgeCity 2 chapters · 9 Lessons · 20m in Arabic, English, Spanish
Course Description
Credit cards generated close to 200 billion in transactions globally at merchants around the world. It is vital that tellers be knowledgeable of these products and services. This course is designed to teach you the fundamentals of credit services offered at many banks around the world. By the end of this course you should be able to explain the approval process, rates and fees, interest and more.
What You'll Learn
- Explain the credit approval process for obtaining credit
- Describe the cost of credit, including rates, fees, and rewards
- Identify how the grace period helps in avoiding interest
- Manage payments by handling credits, disputes, and delinquencies
- Distinguish between lines of credit and credit cards as credit products
- Recognize special offerings related to credit services
Key Takeaways
- Credit cards generated close to 200 billion in transactions globally at merchants around the world.
- It is vital that tellers be knowledgeable of credit products and services.
- The course teaches the fundamentals of credit services offered at many banks around the world.
- By the end of the course, learners should be able to explain the approval process, rates and fees, interest, and more.
- The grace period is a means of avoiding interest on credit.
Frequently Asked Questions
Who is this course designed for?
It is designed for tellers, since it is vital that tellers be knowledgeable of credit products and services. The course teaches the fundamentals of credit services offered at many banks around the world.
What will I be able to do after completing this course?
By the end of the course, you should be able to explain the approval process, rates and fees, interest, and more.
What topics does this course cover?
It covers lines of credit, credit cards, obtaining credit through the approval process, the cost of credit (rates, fees, and rewards), avoiding interest through the grace period, making payments (credits, disputes, delinquencies), and special offerings.
What skills will I gain from this course?
Skills include Credit Card Applications, Credit Line Establishment, Credit Products, Debits and Credits, Teller Transactions, and Certified Credit Counselor (CCC).
