Boost Loan Volume, Improve Credit Quality & Increase Profitability
Charlotte, N.C., May 2, 2005—Omega Performance, worldwide partner to results-driven leaders in financial services, announces the release of Consumer Lending Online (CL Online). The Web-based, seven-module course is for consumer lenders and underwriters, branch managers, platform staff, loan interviewers, and others who have responsibility for evaluating consumer credit requests.
CL Online teaches staff proven methods for evaluating, negotiating, documenting, and monitoring consumer loans, lines of credit, and home equity credit. Participants learn the skills they need to respond to customers quickly and profitably, mitigate credit risk, and avoid compliance exposure through highly interactive, engaging exercises. Testing to demonstrate mastery is also available.
"Profitable consumer lending requires more than just a credit score or formula," explained Bill Rosenthal, president and chief executive officer of Omega Performance. "CL Online gives lenders all of the vital tools for making consumer loan decisions that result in a successful portfolio."
CL Online gives participants greater flexibility with training time, as the coursework is available to them 24 hours a day, seven days a week. Travel costs are eliminated. Training time and costs are reduced. An online mentor is available to assist participants with questions and to ensure attainment of the learning objectives. Printable job aids and worksheets extend the learning to the job environment.
About Omega Performance
Omega Performance has enabled more than 2,500 firms worldwide to drive and sustain improved business results. The company is a wholly owned subsidiary of Informa plc (INF on the London Stock Exchange), the leading international provider of specialist information and services for the academic and scientific, professional, and commercial business communities. Informa has over 150 offices in more than 40 countries and employs over 7,000 staff around the world. Omega Performance is headquartered in Charlotte, N.C., USA, with major offices in Australia, Canada, China, Greece, Nigeria, Singapore, South Africa, and the United Kingdom.