Review of credit administration and credit management unit standards (Dec 2024) – have been submitted to NZQA
The proposed main changes include:
The table below shows the reviewed changes to each of the unit standards that have been submitted to NZQA
Level 3
| US | Title | Level | Credit |
| 16757 | Determine and communicate credit application outcomes | 3 | 10 |
| 16758 | Administer the recovery of credit | 3 | 10 |
| 16759 | Demonstrate call skills for debt recovery | 3 | 5 |
| 16760 | Demonstrate knowledge of credit dispute resolution processes | 3 | 5 |
| 16761 | Demonstrate knowledge of the repossession of goods in accordance with credit repossession legislation | 3 | 5 |
| 21415 | Demonstrate knowledge of legislation applicable to credit administration | 3 | 5 |
| 21416 | Administer credit control | 3 | 10 |
| 32193 | Monitor client credit behaviour | 3 | 10 |
Level 4
| US | Title | Level | Credit |
| 16958 | Evaluate creditworthiness | 4 | 10 |
| 16960 | Develop, implement, management and review credit policy | 5 | 10 |
| 17701 | Produce and distribute management reports to manage credit risk | 4 | 5 |
| 17703 | Interpret and demonstrate knowledge of the legal requirement for contracts in credit management | 4 | 10 |
| 17704 | Demonstrate knowledge of the recovery of debt using legal proceedings | 4 | 5 |
| 32189 | Manage credit accounts | 4 | 10 |
| 32194 | Gather, maintain, and interpret information for the Personal Property Securities Register | 4 | 5 |
For any questions, feel free to contact [email protected].
