Joseph Said:

Some Questions for post Obama state of the union address?

We Answered:

Great questions!

Christopher Said:

Desiring a job at a bank, but unsure about credit!?

We Answered:

Since 90% of credit scoring is based on the last 24-months of activity you should be fine. Your mom making those payments should have overcome any negative impact by now.

The late pays will still show on your report but they will show only as prior to the last 24-months.

Mostly what banks and credit unions are looking for are collections, judgments, bankruptcy's, child support, foreclosures, repossessions things like that are consider major derogatory credit. Which is nothing like you just described.

Laurie Said:

i want to be a certified financial planner. where do you suggest i start my career? (bank, credit union, ect.)

We Answered:

After getting a degree in finance or something else that will help you,I say starting your career in a bank or credit union (seems to me either one would be fine) is a good start and then try to get a job with a financial planning company. You could even try to get an entry level job with a financial planning company such as customer relations, secretarial jobs,that will help you get your foot in the door in financial planning.

Albert Said:

Do most banks offer career loans? How about Credit Unions?

We Answered:

Call the credit union to see if they offer student loans and compare the rates to the financial aid package offered by the school. You might be able to get a different type of loan from the credit union, so it's worth talking with them. If the credit union offers a credit card with a low interest rate, you might consider that option, too.

Hope this helps. Good luck!

Thomas Said:

What classes should I take for a career in banking?

We Answered:

Banks are really good about offering a lot of on the job training. Business, finance, and marketing classes always help. You may also want to look into securities licensing - most banks are offering investment products to their customers now. Look on Monster.com or something like that at job descriptions. It will give you a good idea of the type of education you need for the different positions.

Aside from that, banks love customer service oriented employees that have good people skills. This is actually more important that your cash handling experience.

If you get in at an entry level file clerk or teller position, make sure you express interest in the other fields- new accounts, loans, etc. They are almost always willing to cross train you in different areas -this helps develop your skills and will give you the background you need to be an FSO or CSM or the like. One last thing- turnover is high in banks so sometimes you can advance in position fairly quickly.