The important thing to remember when gathering evidence is that the more evidence the better - that is, the more evidence you gather to demonstrate your skills, the more confident an assessor can be that you have learned the skills not just at one point in time, but are continuing to apply and develop those skills (as opposed to just learning for the test!). Furthermore, one piece of evidence that you collect will not usualy demonstrate all the required criteria for a unit of competency, whereas multiple overlapping pieces of evidence will usually do the trick!
From the Wiki University
What evidence can you provide to prove your understanding of each of the following citeria?
Satisfy initial enquiry
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Customer initial enquiries on the type, range and availability of credit are responded to and information provided in ways which show courtesy and respect for and recognise the special needs of the customer Completed |
Evidence:
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Basic information such as terms and conditions and interest rate are advised and potential securitisation needs determined in accordance with credit policy and legislative requirements Completed |
Evidence:
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Assess and monitor credit information
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Credit applications and documentation are verified in accordance with organisation policy and procedures to maintain accuracy of credit database information Completed |
Evidence:
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Credit information is analysed to establish that sufficient evidence of accurate information has been provided Completed |
Evidence:
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Processing of applications is completed in accordance with organisation risk policy and timelines Completed |
Evidence:
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Continuing liaison with debtor and relevant internal and external personnel is maintained to ensure information is kept up to date and disseminated appropriately Completed |
Evidence:
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Assess the risk
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Applicant's financial circumstances are identified in order determine the level of risk associated with the application Completed |
Evidence:
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Possible risks associated with the application or applicant are identified and evaluated in order to minimise or protect against risk Completed |
Evidence:
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The need to take security to minimise risk exposure is identified in accordance with organisation credit policies Completed |
Evidence:
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Assessment is documented in accordance with organisation procedures Completed |
Evidence:
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Establish credit terms and limits
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Credit decision is made based on assessed information and in accordance with organisation risk management policy Completed |
Evidence:
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Credit terms and limits are determined within organisation credit policy guidelines and current criteria for risk management objectives and customer is advised of the credit decision promptly and courteously Completed |
Evidence:
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Credit account administration is completed according to organisation credit policy and timelines and legislative requirements Completed |
Evidence:
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