HOUSTON COMMUNITY COLLEGE SYSTEM
Consumer Lending
BNKG 1345
Spring 2011 - Earl Smith, Division Chair for
Business, Financial and Legal Studies
- Contact Number: 713-718-5404
- Assignment email addresses: blackboard email
COURSE DESCRIPTION (From HCCS 2001 - 2002 Catalog)
This is a study of the different types of Consumer Loans. Identifying the federal regulations
and state laws pertaining to the collection and servicing of consumer loans and relating
consumer credit to the lending process. Credit: 3 (3 lecture)
TEXTS AND/OR REFERENCES
Consumer Lending by Richard E. Beck, Jr. and Kathlyn L. Farrell, 6 th Edition, published by
the American Bankers Association. ISBN: 0-89982-630-X
COURSE LEARNING OUTCOMES
1. Through in class participation, preparation and presentment of a term project, and
written tests the student will demonstrate knowledge of regulations governing credit
practices, loan processing, cross-selling and collections.
2. The student will be able to identify components of the consumer installment credit
market through written exercises and/or tests.
3. The student will describe various loan products through written exercises and/or tests.
4. The student will be able to trace the lending process through participating in class
discussions and/or activities, written exercises and/or through written tests.
5. The student will apply credit math and loan pricing principles through participation in
class, group, and/or homework assignments, and/or written tests.
6. The student will identify variables that affect loan structure through written assignments
and written tests.
7. The student will identify opportunities for cross-selling bank products through class work,
homework, a research project and written tests.
SCANS (Secretary’s Commission Addressing Necessary Skills) OBJECTIVES
Statement of Workplace and Foundation Competencies (SCANS skill)
Workplace competencies and foundation skills have been designed into this course and into
the curriculum for each program of study.
1. Managing Resources: Manage Time
Students will manage their time outside of the virtual classroom to allow for opportunities to
research a particular field to obtain information to produce the project/term paper.
2. Working with Information: Acquire/Evaluate data
Organize/maintain information
Interpret/communicate data
Process Information with Computers
Students will be required to acquire and evaluate information for use in his/her project/term
paper. Students will organize the acquired information in a format that will provide a basis
to produce the project/term paper. Students will communicate acquired data within their
project/term paper. Students will be required to produce their project/term paper on a
computer.
3. Demonstrating Basic Skills: Reading Writing Speaking Listening
Arithmetic/Mathematics
Students will be required to read 2-3 chapters per week to keep pace with the online
discussions. Students will exhibit their writing skills by producing a project/term paper.
Students will be required to perform mathematical functions to solve financial
problems/questions. Students will exhibit their verbal communications skills by participating
in online discussions. Students will demonstrate there listening skills by participating in
online discussions and by recalling indormation to answer questions on the exams.
4. Demonstrate Thinking Skills: Creative Thinking
Students will exhibit creative thinking through the production of their project/term paper.
5. Exhibiting Personal Qualities: Individual Responsibility Sociability
Self-management
Students will be required to accept individual responsibility to organize their time to
participate online and research a field and produce a project/term paper. Students will
socialize with other students online to discuss course information and brainstorm about
project/term paper, prepare for exams, etc. Students will need to self-manage to be able to
organize time to read the chapters, analyze information presented, prepare for exams, and
produce a project/term paper.
ATTENDANCE, SCHOLASTIC DISHONESTY AND OTHER POLICIES
See “VARIOUS POLICIES’ section of this syllabus.
EVALUATION
Midterm Exam ...............................
Final Exam......................................
Quizzes/Assignments.....................
Class Attendance ...........................
Research Assignments ..................
25%
25%
20%
10%
20%
NUMERICAL GRADES RELATED TO LETTER GRADES
A 90 TO 100
B 80 TO 89
C 70 TO 79
D 60 TO 69
F Below 60
Excellent
Good
Fair
Passing
Failing
Statement of Workplace and Foundation Competencies (SCANS Skills)
HCCS is determined to prepare you with the knowledge and skill you need to succeed in today’s
dynamic work environment. Towards this end, specific workplace competencies and foundation skills
have been designed into this course and into the curriculum for each program of study. Please see the
Scans Competencies And Foundation Matrix of this syllabus for information regarding the specific
common workplace competencies designed into this course and into the BNKG curriculum.
Disability Services: Students who require reasonable accommodations for disabilities are encouraged
to report to Room 102 SJAC, or call (713) 718-6164 to make necessary arrangements. Faculty is only
authorized to provide accommodations requested by the Disability Support Services Office. "Any student
with a documented disability (e.g. physical, learning, psychiatric, vision, hearing, etc.) who needs to
arrange reasonable accommodations must contact the Disability Support Services Office at the respective
college at the beginning of each semester. Faculty are authorized to provide only the accommodations
requested by the Disability Support Services Office."
VARIOUS POLICIES
Incomplete:
The grade of “I” (incomplete) is conditional. A student receiving an “I” must arrange with
the instructor to complete the course work by the end of the following term (excluding
summer). After the deadline, the “I” becomes an “F”. All “I’s” must be changed to grades
prior to graduation.
Attendance:
A student may be dropped from a course for excessive absences after the student has
accumulated absences in excess of 12.5% of the hours of instruction. In a traditional 16week term, 12.5% of the hours of instruction equates to six hours of instruction or two
absences. Excessive absences in an online course will be constituted by failure to log on
for a two week period of time.
Dropping:
The State of Texas has begun to impose penalties on students who drop courses excessively. For example,
if you repeat the same course more than twice, you have to pay extra tuition. In 2007, the Texas
Legislature passed a law limiting students to no more than six total course withdrawals throughout their
academic career in obtaining a baccalaureate degree.
To help students avoid having to drop/withdraw from any class, HCC has instituted an Early Alert
process by which your instructor will “alert” you and HCCS Student Services of the chance you might fail a
class because of excessive absences and/or poor academic performance. You should visit an HCC
counselor or HCC Online Student Services to learn about what, if any, HCC interventions might be offered
to assist you – tutoring, child care, financial aid, job performance, etc., - to stay in class and improve your
academic performance.
You MUST visit a counselor or online student services prior to withdrawing (dropping) the class
and this must be done prior to the final drop date receive a “W” on your transcript. After that deadline,
you will receive the grade you are making in the class which will more than likely be an “F”.
Scholastic dishonesty: Houston Community College System students are responsible for conducting
themselves with honor and integrity in fulfilling course requirements. Scholastic
dishonesty includes, but is not limited to, cheating on a test, plagiarism and collusion.
Cheating on a test includes: copying from another student’s test paper; using during
a test materials not authorized by the person giving the test; collaborating with another
student during a test without authority; knowingly using, buying, selling, stealing,
transporting, or soliciting in whole or part the contents of an un-administered test;
bribing another person to obtain a test that is to be administered. Plagiarism means
the appropriation of another’s work and the unacknowledged incorporation of that work
in one’s own written work offered for credit. Collusion means the unauthorized
collaboration with another person in preparing written work offered for credit. Possible
punishments for academic dishonesty may include a grade of 0 or F on the particular
assignment, failure in the course, and/or recommendation for probation or dismissal
from the College. Students who wish to appeal the penalty should notify the instructional
supervisor within thirty working days of the incident. A standing committee appointed
by the Dean of Instruction will convene to sustain, reduce, or reverse the penalty. The
committee will be composed of two students, two faculty members, and one instructional
administrator. A majority vote will decide the appeal. A recommendation for suspension
or expulsion will be referred to the Dean of Students for disposition under Section 203.
***This course outline may be altered at instructor’s discretion. ***
OTHER STUDENT INFORMATION New Student User ID For Blackboard
1.
Your new student login user ID will be your HCC User ID (sometimes referred to as the
“W” number). All HCC students have a unique User ID. It is the same number you use for class
registration. For students who have taken DE classes in previous semesters, the login will no
longer be “firstname.lastname” + the last 2 digit of your SS #. If you do not know your User ID
you can look it up using the following links:
o From the HCC home page, click on “Register Here”
o On the Student Web Services page, click on “Registration (Online)”
o Click on “Retrieve User ID” and follow the instructions.
Or use the direct link:
https://hccsaweb.hccs.edu:8080/servlets/iclientservlet/sauat/?cmd=start
The default student password will still be “distance.” As always, students will then be prompted
to change their password after their first login. These new student login procedures apply to
classes taught in both WebCT and Blackboard. Please contact desupport@hccs.edu if you need
additional assistance with your log in.
Don’t Forget to post an message to me in Blackboard
during the first week of class... it’s the way I know you are
registered and “attending” the class !!
COURSE OUTLINE:
March 22nd Start of Class
Mar 22nd -> Mar 28th
Chapters 1 and 2; Introduction to Consumer Lending and The
Consumer Lending Market. Read chapters and do quizzes
questions listed on Blackboard.
Mar 29
th
-> April 4
Chapters 3 and 4; Direct Lending and Indirect Lending. Read
th
chapters and do quizzes questions listed on Blackboard.
April 5th -> April 11th
Chapters 5 and 6. Open-End, Revolving Credit Products and
Formulating a Consumer Loan Policy. Read chapters and do
quizzes questions listed on Blackboard.
April 12
th
-> April 18
th
Chapter 7; Generating Loan Applications. Read chapters and do
quizzes questions listed on Blackboard.
Mid-term Exam
April 19th -> April 25th
Chapter 8 and 9. Credit Investigation and Credit Evaluation and
Decision Making. Read chapters and do quizzes questions listed
on Blackboard.
April 26th -> May 2nd
Chapter 10 and 11. Loan Pricing and Profitability and Selling
and Loan Structuring. Read chapters and do quizzes questions
listed on Blackboard.
May 3rd -> May 9th
Chapter 12 and 13. Loan Documentation and Closing and
Collection and Recovery Read chapters and do quizzes questions
listed on Blackboard. Written Project Due in Blackboard.
May 10th -> May 13th
Final Exam