Maricopa Community Colleges  CSR152   19986-20012 
Official Course Description:   MCCCD Approval:  05/26/98
CSR152      19986-20012 L+L 3 Credit(s) 5 Period(s)
Credit Card Billing & Payments
Introduction to credit card billing and payment processes. Finance charges emphasized. Prerequisites: None.
 
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MCCCD Official Course Competencies:
 
CSR152   19986-20012 Credit Card Billing & Payments
1. Identify the rules and regulations regarding billing statements. (I)
2. Explain the information found on a billing statement. (I)
3. Summarize the billing statement process. (I)
4. Demonstrate ability to process a billing statement. (I)
5. Differentiate between the various finance charges. (II)
6. Calculate finance charges. (II)
7. Identify rules and regulations that govern the payment process. (III)
8. Explain the various methods of payment. (III)
9. Summarize the payment process. (III)
10. Demonstrate the ability to process payments. (III)
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MCCCD Official Course Outline:
 
CSR152   19986-20012 Credit Card Billing & Payments
    I. Billing Statement
        A. Purpose
        B. Regulations
        C. Cycle
        D. Information
          1. Authorizations
          2. Fees
          3. New Charges
          4. Links
        E. Work Forms
        F. Computer Screens
      II. Finance Charges
          A. Average Daily Balance
          B. Daily Periodic Rate
          C. Monthly Percentage Rate
          D. Process
            1. Computer Screens
            2. Forms
        III. Payment Process
            A. Rules and Regulations
            B. Account Ownership
            C. Methods of Payment
            D. Payment Amounts
            E. Payment Allocation
            F. Account Links
            G. Late Charges
            H. Collections
            I. Posting
              1. Effective Dates
              2. Transaction Dates
              3. Payments not Credited
            J. Refunds
            K. Payoffs
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