GAP
MBP
Debt Cancellation
Processing
Loans
100

What is SELCO's GAP Advantage amount?

$1,000

100

Under what category in the resource page would you find the Route 66?

Loan Officers or Sales Training

100

What is the maximum benefit for covered members 72 years and older?

25%

100

What is the cut off time for a next day 10am or earlier appointment? 

4pm

100

What is the custom note for Early Payment Defaults?

Custom Note 44

200

What is the max LTV coverage for cars, trucks, and vans?

150%

200

What are the names of different plans under Route 66?

Easy Street, Main Street and First Street

200

What does Option 3 cover?

Life Enhanced and Involuntary Unemployment 

200

What is the UPS overnight fee?

$30

200

What is the maximum LTV for B tier borrowers on an auto loan? 

105%

300

How long is the refundable "free look" period?

60 days

300

If a borrower sells their vehicle to a private party during the term of their MBP contract, they may transfer the contract to the other party and increase the resale value of the vehicle. MBP contracts can be transferred, unlimitedly, to individuals for a fee of how much (per transfer)?

$50

300

What is the rate per $1,000 for Option 2?

$2.41

300

What is the OR DMV titling fee for an all electric vehicle?

$192

300

What would be the maximum unsecured loan amount for a member with a 675 credit score? 

$3,000

400

What is the GAP premium for cars, trucks, and vans on a 96 month term?

$499

400

All MBP plans come with a ___ day "Free Look Period". If you are not satisfied with your purchase, you can cancel anytime within the Free Look Period and receive a 100% refund.  

30 day

400

What is the maximum loan term covered for all four options?


120 months for close ended loans 

Bonus points: Unlimited for Visa/LOC

400

What format should appointments be added to the Processing Calendar?

Last Name/Member#/App#/Loan Type/Location

400

What category in the Resource Base would you find DMV check lists? (ex. Private party, refi from other institution, and title in hand.)

All Things Titles 

500

What is the maximum loan term eligible for GAP on a Jet Ski loan? 

240 months

500

What is the maximum rental car limit reimbursed by Route 66? 


*Two answers

$250 for Easy Street and $200 for Main & First Street

500

How many monthly payments are covered in the case of hospitalization, family leave & accidental death of a dependent under Enhanced Life?

3 months

500

What should the processing status be for a HELOC application that has been added to the Processing Calendar?

Order outs received

500

What is the maximum loan amount for a Savings Secured loan?

95% of available share balance