General
What Statement Is To Be Used For Anyone Asking About Loans?
I would be happy to update an application and get your permission to pull your credit. Do I have your permission?
What are the 3 types of Unsecured Loans we offer?
Credit Cards
Personal Loans
Overdraft Line of Credit
What do we say to an applicant if the request has been denied?
Unfortunately, at this time we are unable to process this loan request due to ...
What Are The 4 Questions for Address Verification?
What is your current physical address?
How long have you lived there?
Do you own with a mortgage?
Do you rent?
How many Credit Cards are permitted per account?
3.
Full coverage.
What are the 3 C's of Lending?
Capacity
Character
Capacity
What is the time limit on an application not being funded?
30 days.
What are the 6 questions that must be asked regarding income?
How long have you worked there?
Are you Hourly or Salary?
How many hours per week?
Are you part-time or full-time?
What is your job title?
Is there additional income you would like to notate on the application?
What questions need to be asked when verifying occupancy?
-How long have you lived at this address?
-If less than 2 years:
What is your previous address?
-Do you own with a mortgage or free/clear?
-If renting:
How much is your rent?
What is the maximum term a Certificate Secured may have?
The maturity date of the Certificate.
When are the 2 times Proof of Income is required for unsecured loans?
Balances of $25,000 or more.
Credit score of 0 – 699