COMPLIANCE
Ensures transparency in lending practices.
TILA
Summit Funding
mortgage
What federal holiday is observed on July 4th
Independence Day
A legal process allowing a third party to collect debt from a debtor's assets.
GARNISHMENT
What is the time validity of a VOB?
48 HOURS
prohibit financial institutions from engaging in practices that harm consumers.
UDAAP
SAGE
mortgage
On which date is Martin Luther King Jr. Day observed?
federal holiday in the United States observed on the third Monday of January each year
A legal status of a person or entity unable to repay outstanding debts.
BANKRUPTCY
It is the amount that can be seen in the system right after we verify and stamp all the necessary information with the customer.
Maximum Qualified Amount
requires financial institutions to verify the identity of customers opening accounts.
CIP
Kashable
Allotment
True or False: Daylight Saving Time affects all U.S. states equally.
TRUE
A request to cancel a payment not yet processed.
STOP PAYMENT
About Panda Loan System: What does the bulb icon mean in the system?
Compliance Script
regulates telemarketing practices, including the use of automated calls and text messages
TCPA
Loan Max
Title loan
If it is 3 PM Pacific Standard Time (PST), what time is it in Eastern Standard Time (EST)?
it’s 6:00 PM EST
A penalty for a payment returned due to insufficient funds.
RETURNED ITEM
This status on Eagle may indicate a high risk. However, you need to further investigate in case the customer might be eligible again.
negative withdrawn
Protects consumer financial information.
GLBA
CNG Credit
Payday loan
True or False: Federal holidays are the same for all states in the U.S.
FALSE
The funds ready for immediate use in an account.
AVAILABLE BALANCE
It is mandatory for the Loan Specialist to check the certificate of evidence to verify if the IP address is located within the US.
TRUE