EXT/DEF
Payoffs
PPT
Principal Only
Potluck
100

This type of account has a fee associated with a deferral/extension request 

What is lease?

100

This document is sent to the customer that lives in a title holding state once a retail account is PIF

What is a lien release?

100

PPT is only assessed on this type of account?

What is lease?

100

Talking points are required if a customer is making a payment that is at least this amount over the current total amount due on a retail account 

What is $1?

100

If an account shows PND in the privacy settings, it is treated as ____

What is OUT?

200

The maximum number of months that an extension/deferral can be granted at one time

What is 2?

200

A customer should be advised to cancel this when proceeding with a payoff

What is recurring/automatic payments?

200

They assess the PPT and bill MFS

Who is local taxing jurisdiction?

200

The first part of a payment made will be applied to this first

What is interest?

200

This is required to send an original title to complete a STS transfer

What is written Request from DMV / Insurance Company?

300

Signature documents are generated by creating this MQR request

What is letter fulfillment?

300

Retail payoff quote is good for ____ days

What is 10?

300

 A customer may request this letter for tax purposes

What is Property tax paid letter?

300

If excess funds are at least this, the next payment is advanced

What is 90% of the payment?

300

A 3rd party including non-signing spouse must be ___________ to discuss the account

What is authorized?

400

The maximum # of extensions over the life of a retail contract

What is 12?

400

This must be included with ALL lease payoffs from any dealer.

What is odometer statement?

400

We advise that PPT should be paid in how many monthly installments on an open account

What is 3?

400

This type of MQR should be submitted if the customer wants excess funds applied to principal only and not pay the account ahead

What is payment correction?

400

MFS requires a ____  _____  for credit disputes / verification.

What is written request?

500

This needs to be sent if an extension/deferral is denied

What is adverse action letter?

500

_____ sends the title when it is an ELT state once account is paid in full

Who is DMV?

500

This is the term that a refund opportunity has been identified

What is abatement?

500

This information needs to be included when a customer is sending in a check for principal only

What is "Apply to principal only" AND acct # or vin #?

500

The lien holder information that is listed on our titles

What is TMCC or TLT?