Managing a Consumer Lending Business, 2nd edition
InManaging a Consumer Lending Business 2nd edition, Lawrence and Solomon have again assembled a comprehensive tool kit and management guide for running or evaluating a firm making consumer loans. Covering the range of products from credit cards to mortgages, and the range of functions from planning and acquisitions to risk management and collections, it also examines alternative management structures for the business.The chapter structure is well organized and paced, while the writing style is clear, straightforward and with some humor. The authors make extensive use of examples, diagrams and tables to illustrate analytical techniques. Although applicable to a variety of markets and conditions, the book highlights recent regulatory developments in the U.S. and the impact of a recent recession. --Arthur H. Stampleman, formerly of Credit Policy Committee, Citibank (Retired)When I finished each of your prior publications... I thought Arlene and David have nailed it.....they can't top this. Yet, once again you have topped it with the release ofManaging a Consumer Lending Business 2nd edition.No matter if the reader is an entry level participant in the consumer credit arena or a seasoned veteran, this book is well worth reading and contemplating. The book has an excellent mixture of sophistication and wisdom yet it is written in plain English so it translates technical material into readable language.A valuable risk manager does take risk....measured risk .....in supporting their respective businesses. This book encourages prudent risk taking and how to get there, responsibly.Congratulations on producing a first class consumer lending tutorial. --Barrett Burns, President and CEO, VantageScore Solutions, LLC