ACRONYMS
PRODUCT KNOWLEDGE
WARRANTY
CREDIT APPLICATION
VINS
1

 PTI 

PAYMENT TO INCOME 

1

NAME THE TRIM LEVELS ON A 2023 NISSAN KICKS

S    SV     SR

1

WHAT IS THE WARRANTY ON A NEW 2024 NISSAN ALTIMA 

3YR, 36,000 MILES ON ODOMETER WHICHEVER COMES FIRST 

1

HOW MANY CONTIUNIOUS YEARS DO YOU NEED TO GET ON PROOF OF ADDRESS

2YEARS

1

WHAT IS THE MINIMUM DAYS DO YOU NEED TO GET THE PAYOFF FOR 

10 DAYS 

I WILL TAKE 15 DAYS 

2

 DTI

DEBT TO INCOME 

2

WHAT IS THE MAXIMUM TOWING ON A CREW  CAB 4X4 PRO 4-X

6,270LBS

2

WHAT IS THE WARRANTY ON A 2007 NISSAN ALTIMA WITH 201,323 MILES 

NONE


ENDS 15YEARS LESS THAT 200,000 MILES 

2

HOW MANY YEARS OF CONTINUOUS YEARS YOU NEED ON PROOF OF EMPLOYMENT 

2YRS

2

IF YOU DONT HAVE AN ACCOUNT NUMBER FOR THE PAYOFF WHAT OTHER INFORMATION CAN YOU PUT THERE 

SOCIAL SECURITY NUMBER 

3

FTC

FEDERAL TRADE COMMISSION

3

WHICH TRIM ON THE ARIYA HAS THE LONGEST RANGE IN MILES

VENTURE TRIM


The Venture has 304 miles with FWD 

3

WHAT IS THE POWERTRAIN WARRANTY ON A NEW 2024 LINCOLN

6R/70,000 MILES 

3

HOW DO YOU CALCULATE MONTHLY INCOME IF CUSTOMER GETS HOURLY AND PAID WEEKLY. 

$20hr X 40HRS X 4.33 =$3464

                   OR 

$20hr X 40HRS X 52wks \ 12 months = $3464

3

WHAT DOES PER DIEM STAND FOR ON A PAYOFF 

DAILY INTEREST 

EXAMPLE:  1.50 PER DAY X 15 DAYS = $22.50

4

ACV

ACTUAL CASH VALUE

4

HOW MANY SPEAKERS DOES THE 2023 CADILLAC PREMIUM PLATINUM 

36

4

WHAT IS THE PLATINUM USED CAR POWERTRAIN WARRANTY 

2YR/100,000 MILES ON ODOMETER WHICHEVER COMES FIRST 

4

CUSTOMER IS A 590 CREDIT SCORE WHAT SHOULD YOU GATHER AFTERWARDS HINT 2 THINGS 

LAST PAYSTUBS WITHIN 30DAYS 

PROOF OF RESIDENCE WITHIN 30DAYS 

4

Customer comes in Nov 1st to get a payoff and they come back on Nov 30th to close the deal. What do you need to update 

PAYOFF AMOUNT 


HAVING LOTS OF $$$$ BY NOT HAVING UPDATED PAYOFFS COSTING THOUSANDS EVERY MONTH 

5

OFAC

OFFICE FOREIGN ASSETS CONTROL

US department of Treasury enforces foreign policy to secure against targeted foreign countries such as terrorists,narcotic traffickers 

5

WHAT IS THE POWERTRAIN WARRANTY ON ANY 2024 GMC PRODUCTS ON THE 2.7L ENGINE

5YR 100,000 MILES

5

HOW MANY YEARS OF ROADSIDE ASSISTANCE DO YOU GET WITH EVERY NEW NISSAN PURCHASED 

3YR/36,000 MILES 

5

WHAT IS CONSIDERED OTHER SOURCE OF INCOME INSTEAD OF SSI OR CHILD SUPPORT 

PART TIME INCOME 

RENTAL 

RETIREMENT 

ALIMONY



5

WE HAVE A BUYER AND A CO-BUYER. HOW MANY PRIVACY NOTICES DO WE NEED FOR THE DEAL

2


We cant have both sign on the same one.

M
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