2017 Financial Service Representative Virtual Conference - Line of Credit (LOC) Function and Annual Reviews for Risk
June 6 2017 8:30 am to October 23 2017 10:00 pm
October 26 2017, 1:00 pm to 2:15 pm
October 23 2017 10:00 pm
Who Should Attend
By definition, a line of credit is an amount of money we’re willing to extend, on credit, to a member. We identify the maximum amount we’re willing to extend, the price (or rate) they’ll pay to use it, and how long we’re willing to let them use it. What we don’t stipulate however, is how the fund can be spent. For many members, the flexibility and freedom are positive. For some members, the flexibility and freedom are the start of bigger problems. In this 75-minute session we’ll dig into the function of a line of credit (LOC) annual review. What you should be looking at and what you should be looking for! We’ll show you how to spot risks and ensure your doing all you can to help members reach their financial goals.