Which of the following is true about GS Cash Advance's approach to low risk products? Options: Focuses on high risk, high return strategies., Prefers a no risk approach altogether., Implements low risk strategies to avoid reckless policies., Services are tailored for long term clients only.
THE GOLD RUSH

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History
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5th Grade
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Hard
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1.
FLASHCARD QUESTION
Front
Back
Implements low risk strategies to avoid reckless policies.
2.
FLASHCARD QUESTION
Front
What is the minimum age requirement for an individual to be eligible for a loan?
Back
18 years
3.
FLASHCARD QUESTION
Front
What happens if there are insufficient funds during the debt collection process?
Back
Do not attempt to collect the debt amount, with the bank covering the fee.
4.
FLASHCARD QUESTION
Front
If a client is in arrears for 60 days, what is the next step? Options: Issue a demand letter 10 days before payday, with a bailiff demand 2 days after payday. Issue a demand letter 10 days before payday, with a bailiff demand 2 days before payday. Issue a demand letter 10 days after payday, with a bailiff demand 2 days before payday. Issue a demand letter 10 days after payday, with a bailiff demand 2 days after payday.
Back
Issue a demand letter 10 days before payday, with a bailiff demand 2 days after payday.
5.
FLASHCARD QUESTION
Front
What is the repayment period for a salary advance at GS Cash Advance?
Back
One month, extendable to three months
6.
FLASHCARD QUESTION
Front
What is the purpose of the Disciplinary Code?
Back
To clarify employee relations.
7.
FLASHCARD QUESTION
Front
What is the procedure for terminating an employee convicted of a crime by a Court of Law?
Back
Payment for accrued salary and leave days up to the end of the contract, less any debts owed to the Company.
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