About the course

The Debt Management Course will help you to manage your existing debts and provides guidelines for taking out loans. We will introduce various tools and good techniques that will help you paying your loans in time and the amount due. Please find below the detailed content description of each unit.

Foundations 

We will discuss the basic concepts of loans and the responsibilities associated with loans.

Repayment Capacity

General guidelines for borrowing are provided and the risks associated with borrowing are explained.

Delinquency

Understanding the reasons for delinquencies and consequences of default will be discussed.

Avoiding Default

We will learn about tools and guidelines which help us avoid default.


Requirements

There are no requirements. Everyone interested in improving debt management can join.  

Course curriculum

    1. Course Description

    2. Pre-Test

    1. Introduction to Jimmy’s Family

    2. Considering to Take a Loan from the Bank

    3. 4 Main Contents of the Course

    1. Foundations of Borrowing

    2. What to be Aware before Taking a Loan?

    3. Advantages and Disadventages of Taking a Loan

    4. Risks of Borrowing

    5. Quiz 2.1

    6. Direct Costs and Indirect Costs

    7. Quiz 2.2

    8. Reasons and Responsibilities of Taking a Loan

    9. Summary Quizzes

    10. Summary

    1. Calculating Repayment Capacity

    2. Quiz 3.1

    3. Debt to Income Ratio

    4. Quiz 3.2

    5. Reducing Unnecessary Expenses

    6. Summary Quizzes

    7. Summary

    1. Two Friends of Jimmy Who Can’t Make Repayments

    2. Risks of Becoming Default from Delinquency

    3. Root Causes of Delinquency

    4. Summary Quizzes

    5. Summary

    1. Challenges of Jimmy’s Family

    2. What to Consider before Taking a Loan?

    3. Early Warning Signs of Risks

    4. How to Avoid Default?

    5. Good Manners to Avoid Default

    6. Bad manners to Avoid while Taking Loans

    7. What is a Loan Repayment Calendar?

    8. Loans Taken by a Family: Their First Loan

    9. Quiz 5.1

    10. Loans Taken by a Family: Their Second Loan

    11. Quiz 5.2

    12. Calculating Monthly Repayment

    13. Steps to Follow to Avoid Default

    14. Summary Quizzes

    15. Summary

About this course

  • Free
  • 47 lessons

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