Customer comments on this selection.
 This Book is Just OK
This book is not very useful if you are a credit risk manager and would like to learn how to do things specifically and analytically. The only useful feature of this book is that it has a "laundry list" of items to consider. The author is not from strong analytical powerhouses, such as Capital One or Chase and not even from the US industry. I don't mean to be condescending, but the level of consumer lending is far higher in the US than say in the Dominican Republic or Panama. On top of it, the author, a non-native speaker of English, has a style that makes it difficult to read, even though the content is fairly simple. A truly analytical risk book is easy to read and has a more complex content.
If you think, I am biased, check this out, the whole book has no single equation and no single diagram or curve!
I do not recommend this book to readers.
 A thorough, down-to-earth, organised, and fool-proof A to Z guide
This books comes out with perfect timing. If financial institutions from banks to equity and property funds had followed the down-to-earth methodic recommendations of this book, I doubt we would face many of the current credit problems.
The author presents a thorough, down-to-earth, organised, and fool-proof A to Z guide of the credit lending process. Along the way, drawing from his evident experience, he offers advice to many of the related departments that take part of the credit process such as marketing and operations. Advice that is practical and directed to the greater good of the organization: sustainable profitability.
The book's clear structure makes it a perfect guide for consultants, due dilligence analysis, every day practitioners, and even for ngos that specialize in the micro-finance sector. Definitely a book with a great ROI.
Business Manager Rating of this Book
This book is excellent for all levels of the organization in Consumer Financial Institutions. It is very useful for Risk Managers as for Business Managers too. Includes a lot of best practices in products and processes.
The tools seen in this book are explained in a practical and easy way. Their application in consumer lending operations can help strongly to achieve growth & profitability in a controlled environment. Is a good recopilation of baking best processes and guidelines.
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