Documents
This is required on the OCCC portion of the Retail Installment contract.
What is RBFCU as the contact?
(If a phone number is listed it needs to be either (210)945-3300 or (800)580-3300. )
What tool in LPQ is used to calculate the Law Contract?
What is the 553 Comparison Tool.
This is done first when funding to CUDL.
What is send funding to CUDL?
This needs to be done in CUDL when sending a fund delay.
What is "Claim/ Assign it to yourself"
This is the phone number to contact CUDL.
What is (877)744-2835?
These documents cannot be taken with ANY form of strike through or cross outs.
What is the Retail installment contract and Title Application?
These items are calculated on the warranty section of the 553 comparison.
What are warranty contracts, maintenance contracts, credit life/disability listed in section "O" or "N" of the contract.
This is done after funding to CUDL is sent.
What is apply disbursements to "CUDL-Indirect payable" GL?
This needs to be done in LPQ so that the Fund Delay can be tracked.
What is List yourself as the funding officer, update the date and time on the "dealer funding date/time section".
This can be pressed in order to send a message to the dealership (non-fund delay)
What is the envelope in LPQ.
Does the member and dealer need to sign the PO?
What is no.
This calculation type needs to be selected when funding MODD loans (excluding Buy-downs).
What is Manual Calculation.
This needs to be imported on the vehicle processing page.
What is the dealership? (Ie. Dealer reference number)
If you notice the deal is a fund delay do you continue to audit as much as you can?
What is yes?
Do we accept e-signatures on documents?
What is yes?
Can we take a blank credit application?
What is no.
True/ false
The First and Last payment amount will match what is listed on the retail installment contract.
What is true.
This status should be viewable in CUDL application status after the Update Funding on CUDL button is pressed in LPQ.
What is "Funding..."
This should be done when there's is a backend overage on sub-prime (Lend Pro, Tier 4 and 5) deals.
What is Fund delay?
What value do we accept for used vehicles?
What is JD power clean trade?
What two Credit applications can we take?
What is the Dealer credit app and the RBFCU credit app.
If the term on the contract does not match the approval this should be done.
What is update the term and see if it instant approves. If it does not send it back to UW and wait for a decision to comeback.
Where can you see the funding status in CUDL?
Applications status on the upper right-hand side or the funding information area in the loan summary.
What is the max backend unless stipulated otherwise?
What is $6,000?
When do we take an invoice?
What is a new vehicle