Skip to main content
Sign In |
  Help (new window)
Credit Research Foundation

Credit Research Foundation HOMEROOM

Go Search
Classroom Home
  
Credit Research Foundation HOMEROOM > Public > Course 145  




 Credit Knowledge Essentials

Course 145: Credit Knowledge Essentials

Developed and Delivered by:

  • Attorney Scott Blakeley – Principal of Blakeley & Blakeley LLP

    •

    Scott Blakeley is a seasoned attorney knowledgeable in issues related to credit and receivable management. His firm includes experienced attorneys whose practice focuses on creditor’s rights, bankruptcy, and corporate litigation.

    This course offers students an overview of the fundamental elements in the field of receivable management and the basic legal issues and requirements pertaining to them.

    There are three video instructional sessions which cover:

    • Credit applications and vendor contracts;
    • Fair Credit Reporting Act and Equal Credit Opportunity Act and;
    • Federal & State Antitrust Laws.

    This course is ideal for beginners in the field of receivable management as well as those who want to refresh or expand their knowledge of some of the fundamental legal aspects of credit management.

    This course consists of three video instructional sessions. The total video runtime of the three video sessions is one-hour and forty-seven minutes (1:47).

    Course Description:

    Session One – Credit Applications and Vendor Contracts (52 minutes) topics include:

    1. Why have a credit application & its importance to the credit department.

    2. The legal importance of the contract in binding customers to the terms of the credit agreement.

    3. A checklist to include in a credit application.

    4. The significance of the different types of businesses - what they mean to you.

    5. Terms and conditions to enhance getting payment according to credit terms.

    6. Electronic credit applications and the laws that affect their enforceability.

    7. The Red Flag policy – Federal Regulations.

    8. Protocol for disposing of credit applications of former customers.

    9. Confidentiality requirement of the information presented in credit applications.

    10. Ways to enhance credit applications through personal and corporate guarantees.

    Session Two – Fair Credit Reporting Act and Equal Credit Opportunity Act (24 minutes) topics include:

    1. What are these credit-related laws; and what credit actions fall under their jurisdictions.

    2. Ways to comply with the acts – customer consents, consents on electronic platforms.

    3. Federal Trade Commission Red Flag Rules

    4. Ways in which a credit department can document or authorize consents for credit information requests.

    Session Three – Federal And State Antitrust Laws (31 minutes) topics include:

    1. Sherman Antitrust Act

    2. Clayton Act

    3. Robinson-Patman Act

    4. Pre-sale investigations

    5. Denying credit

    6. Credit term changes

    7. Terminating credit

    8. Right to collect under customer default

    After students have viewed and studied the information presented in this course, they may take a Final Exam of true/false and multiple-choice questions. Those students who get a grade of 70% or higher will receive a “Certificate of Professional Development” from the Credit Research Foundation.

    Prior to taking the Final Exam, students may revisit the video and slide learning sessions.

    This class is taught by Scott Blakeley – Principal of Blakeley & Blakeley LLP.

    Scott Blakeley is a founder of Blakeley & Blakeley LLP, where he advises companies around the United States and Canada regarding creditors’ rights, commercial law, e-commerce and bankruptcy law.  Credit Research Foundation has published his manuals entitled The Credit Professional’s Guide to Bankruptcy, Serving On A Creditors’ Committee and Commencing An Involuntary Bankruptcy Petition.  Scott holds a B.S. from Pepperdine University, an M.B.A. from Loyola University and a law degree from Southwestern University. He served as law clerk to Bankruptcy Judge John J. Wilson.

     

    Students taking the course will see a full-screen view of the CRFOnline Classroomtm .

     

    To register for this class,   click here or cut and paste this link: http://crf.digitalchalk.com  On this page, you must CREATE A NEW ACCOUNT to register for the course. 

    Videos on this CRF website require a Flash enabled browser. 

    The Credit Research Foundation Certificate of Professional Development will be awarded to students who have successfully completed each of the assignments in the course and have achieved an average score on the assessments and final exam of 70%. 

    This course also qualifies for one NACM Career Road Map Point toward CBF & CCE certification and two NACM Educational Recertification Points towards CCE recertification. 

    Credit Knowledge Essentials  - 145
    To register for this class,  click here or cut and paste this link: http://crf.digitalchalk.com  On this page, you must CREATE A NEW ACCOUNT to register for the course.

    This is a virtual classroom that can be accessed 24/7 from any internet enabled computer. Students will work at their own pace.

    The cost for the course is just $99.00.   

    Back to Home Page