Lending money is a core skill within the financial services
industry and as such, it is crucial that the customers have a
quality experience that can only be provided by staff with an
understanding of the subject. Customers expect lenders to have a
full and detailed knowledge of the legal and compliance aspect of
their roles; these expectations include relevant case and statute
law. The book provides a full understanding of the lending cycle
and how this reduces risks. It starts at the beginning of the
lending cycle with the lending decision (including an analysis of
financial information), and includes monitoring and control plus
the ability to detect early warning signals, before ultimately, and
reluctantly, passing the debt over for recovery.
