Consumer Credit - APA
The Professional Certificate in Consumer Credit, a single-module level 7 qualification, is a must for those working in retail consumer credit. It covers 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 1995 and Consumer Protection Code.
| Award Name | Special Purpose Certificate (Level 7 NFQ) |
|---|---|
| NFQ Classification | Special Purpose |
| Awarding Body | University College Dublin |
| NFQ Level | Level 7 NFQ |
| Award Name | NFQ Classification | Awarding Body | NFQ Level |
|---|---|---|---|
| Special Purpose Certificate (Level 7 NFQ) | Special Purpose | University College Dublin | Level 7 NFQ |
Duration
1 Trimester
Delivery: Online
Entry Requirements
The minimum second level educational requirements for entry to the Professional Certificate in Consumer Credit are as follows; Five passes in the Leaving Certificate, including English and Mathematics Five O Level/GCSE passes, including English Language and Mathematics IOB will also consider applications on a mature candidate basis from applicants who are 23 years of age before the date of their application for admission to the programme. You must be a current member of IOB, or become a member, to undertake this programme.
Further information
This programme enrols three times a year.
€450.
Closing date 14 July 2023
You are introduced to key areas such as risk-assessment, issues of over-indebtedness and the supports available to consumers who find themselves in difficulty repaying credit. This professional certificate also analyses the types of life assurance and insurance products currently on the market.
How you will benefit
On successful completion of this programme, and on attaining the recognised professional designation, you will be able 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.
Designation
Accredited Product Adviser (APA)
Minimum Competency Code
This programme and attaching APA designation satisfies the Central Bank of Ireland’s Minimum Competency Code for those who wish to sell, advise on or undertake specified functions, for the category of retail financial product ‘Consumer Credit Agreements and Associated Insurances’.
Holders of the certificate are invited to apply for the APA (Consumer Credit) designation. Continued use of the designation is subject to meeting annual CPD requirements.
Continuous Professional Development
If you hold an IOB designation or a designation managed by IOB, CPD hours may be awarded on successful completion of this programme.
Modules and learning outcomes
Consumer Credit (NFQ level 7, 5 ECTS)
Describe the growth of consumer credit protection and discuss the impact of recent Consumer Credit legislation on the Irish consumer.
Discuss the pertinent credit issues, from the prospective 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.
Two hour exam at the end of the trimester - written essay style questions.
Award
Professional Certificate in Consumer Credit from UCD
For more information please contact education@iob.ie
Institute of Banking
Email: info@iob.ie
Phone: +353 (0)1 6116500
Fax: +353 (0)1 6116565