FRAO
This is a standard term duration for a FRAO.
Il s'agit d'une durée standard pour une OPTF.
6mo Term
Terme d'un an
Unlike a consolidation loan, this can seriously impact your credit and will stay on the bureau for 7 years.
This is the maximum amortization for a personal or consolidation loan.
7 years
This is the current TD Prime rate.
6.95%
The official start day of the class?
May 13
This is the minimum amount for a FRAO to be set up.
Il s'agit du montant minimum pour la création d'un OPTF.
$2000
This is the maximum direct deposit % variance that can be used without also needing an LOE.
20%
What are the interest rates for vehicle loans?
Fixed 9.49%
Variable P+3.19%
Aside from authentication, this must be performed on EVERY ULOC application call before anything.
Apart l'authentification, cela doit être effectué sur CHAQUE appel d'application ULOC avant tout.
KYC
This individual is an excellent singer.
True or False - A FRAO needs a pre-authorized debit account
Vrai ou faux - Un FRAO a besoin d'un compte de débit préautorisé
True
Vrai
Cross-Channel
This type of interest rate does not change throughout the life of the loan.
Fixed interest rate
Clients must pay their ULOC bills between these dates every month.
Les clients doivent payer leurs factures ULOC entre ces dates chaque mois
The 1st - 21st of each month.
Le 1er au 21 de chaque mois.
What was Sam's role prior to being a coach?
PL&A
Quebec clients must respect this term/amortization rule with FRAOs.
Les clients québécois doivent respecter cette règle de durée / amortissement auprès des FRAO.
The term and amortization must be the same.
La durée et l'amortissement doivent être les mêmes.
If a client is self-employed, only this kind of income confirmation document can be accepted
NOAs or T4s
True or False - The customer only needs an email OR a mobile phone number to send them the link to the vDocs portal.
False - They need BOTH
The ULOC minimum payment is the greater of these three options.
Le paiement minimum pour un LCNG est le plus élevé de ces trois options.
1% of the balance, the amount of interest accrued for the last month, or $50.
1% du solde, le montant des intérêts courus pour le dernier mois, ou 50 $.
Marie's fav color?
Blue
If a client makes a lump sum payment to their FRAO that fulfills one of these two criteria, they may be eligible for a reduced rate on their CP.
Si un client effectue un paiement forfaitaire à son OPTF qui remplit l'un de ces deux critères, le client peut être éligible à un taux réduit sur son CP.
10% of the original FRAO or $5000.
10% du OPTF original ou $5000.
What are 3 CB warning that cause us to refer cx to the branch?
1. Confirmed True Name Fraud.
2.Identification reported Lost or Stolen.
3. Tel # associated with more than one name or address.
4. Social Insurance Number Reported Lost or Stolen.
5.Inquiry Address Reported Misused.
You can reduce the interest rate of a loan by a maximum of ------- basis points/percentage during the activation/application phase.
50 bps/0.5%
To be eligible for a Student Line of Credit, we need to verify these two specific things.
Pour être admissible à une ligne de crédit étudiant, nous devons vérifier ces deux éléments spécifiques.
Educational institution and program of study eligibility
Admissibilité de l'établissement d'enseignement et du programme d'études
Our team's LEI score is upwards of -----%?
90%