MADISON, Wis. (12/16/08)--Several new self-study courses to help credit union staff understand the basics of personal finance were recently added to the Credit Union National Association’s Web-based training service, CPDOnline. The online interactive courses--available in English and Spanish--are designed to help staff become more knowledgeable decision makers with their own finances. The newest topics available include:
* New Car Buying--offers strategies for finding and buying a new car at a reasonable price. The course helps users research dealer costs, calculate payments for various prices and rates, and negotiate with dealers; * Home Buying--covers home buying basics to help users hone skills and make the best home choice. Explains how to make and use checklists, identify home-feature priorities, interview lenders, understand mortgage terminology and options, and calculate and decide on loan rates and terms; * Credit Management--teaches how to get in good financial shape by finding ways to reduce debt. The course details how to record expenditures, identify unnecessary costs, list and rank goals, improve credit rating, identify net worth and resources for credit counseling; * Checking Accounts--provides tips for protecting checks from fraud and keeping track of accounts. Allows users to identify checking demands and compare accounts, balance a checkbook, and benefit from electronic transactions; and * Identity Theft--reveals the warning signs of identity theft and how to become more aware of computer safety practices, e-mail precautions and online shopping safety.
Earlier this year, staff personal finance courses on used-car buying, and couples and money were added to the CPDOnline catalog. For more information, use the links.