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Managing a Consumer Lending Business
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Binding: Paperback
Dewey Decimal Number: 332
EAN: 9780971753709
ISBN: 0971753709
Label: Solomon Lawrence Partners
Manufacturer: Solomon Lawrence Partners
Number Of Items: 1
Number Of Pages: 288
Publication Date: 2002-07
Publisher: Solomon Lawrence Partners
Studio: Solomon Lawrence Partners
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Editorial Review: "Managing a Consumer Lending Business" summarizes the lore and the knowledge of the business as the new century begins. It covers many subjects a good manager should know: the importance of how to attract enough good accounts to offset the inevitable bad accounts that every lender will get, controlling line sizes, encouraging use by good customers/discouraging or controlling the bad customers, managing profitability with predictability, if he or she is to effectively run a high-volume consumer business.
Customer Reviews
Average Rating: 
Rating: - Perfect simple book on complex issues
Recommended to everyone starting career in consumer lending business or simply interested in...obtaining a loan. The book provides basics of customer acquisition, evalluation of applications, portfolio management and collections - more than enough to prepare for job interview, personal debt rescheduling plan and even preparation of bank's consumer lending business innitial strategy draft. The author does not go deep into detail and consumer bank profs would not probably find it very innovating. However, ... Read More
Rating: - Managing a Consumer Lending Business
I was looking for a solid foundation of facts and tried practices for retail banking employees could use to attrack new business. This book didn't offer that
Rating: - Excellent book for beginners
To people who are entering the profession of consumer lending, this is an excellent primer. It gives a 360 degree view of the business from acquisition and management of accounts to collections, recoveries and profitability analysis. While it doesn't cover any one topic in great depth, it is an ideal book for people starting off in this exciting business. I wish David Lawrence would write many more books. He has the art of explaining concepts in a clear manner. I really enjoyed this book.
Rating: - An Excellent Guide for Retail Banking Marketers Entering Lending Business
In market place, there are few books that are easy to understand but comprehensive to cover all respective area of consumer lending business. I have to say, this is one of the few. In the past, I acquired the personal lending knowledge from some credit scoring books with difficult math and serious multi-variable statistics. This title is not only easy even for marketing or sales persons to understand the basic concept but also good for new credit analysts or college/graduate students who just joined the ... Read More
Rating: - Good primer for analysts looking for more domain knowledge
Managing a Consumer Lending Business by David Lawrence and Arlene Solomon is a good primer I recommend for the readers of S4SAS.com and analysts working in the areas of consumer lending in general.
This book covers the fundamental principles of lending along with the practices at various product life cycles. While conducting SAS training, I observed that lot analysts do not know why managers look for some information and why they insist on certain format the information to be presented. After ... Read More
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