LIA - The Professional Association for Financial Services in Ireland

New for the 2010 / 2011 academic year, the Professional Certificate in Consumer Credit, a single module Level 7 qualification, examines all the major areas of consumer credit including credit agreements, loans, credit cards and hire purchase as well as looking at the Consumer Credit Act and Consumer Protection Code. Candidates are introduced to key areas such as risk-assessment, issues of over-indebtness and the supports available to consumers who find themselves in difficulty repaying credit. This Professional Certificate also analyses the current types of life assurance and insurance products currently on the market.

This course is designed to provide candidates with the ability to:

• Describe the growth of consumer credit protection and discuss the impact of consumer credit legislation on the Irish consumer and how this impacts on the provision of financial products and services to consumers;
• Discuss the pertinent credit issues, from the perspective of a lender and how they impact the consumer;
• Explain the concept of over-indebtedness and describe the supports and services available to consumers who are over-indebted;
• Analyse the consumer credit products and services available to consumers within the regulated framework.

This course satisfies the Financial Regulator’s Minimum Competency Requirements for those who wish to sell, advise on or undertake specified activities, for the category of retail financial product ‘Consumer Credit and Associated Insurances’, subject to meeting CPD requirements.

Download Application Form for 2010/2011 Academic Year Here