Loan Class Wrap-up

WPCU will finance a vehicle up to what LTV?

• 110%

• 125%

• 100%

• 90%

The maximum term for a $7,999.99 car loan is _______ months

What are all the credit tier letters?

• A+

• A

• B

• C

• D

What does VIN stand for?

The processing page in an auto loan application is used for...

• We don't use that page

• Titles

• J.D. Power

What is the maximum dollar amount for a members insurance deductible for a $4,000 auto loan?

• $1000

• $750

• We don't collect insurance information for that loan amount

• $500

What is the maximum MSRP for Depreciation Protection?

• $50,000

• $100,000

• No limit

• $125,000

Every loan application starts in __________!

When using direct deposit as POI, the direct deposit must equal what percent of the amount stated in the application?

• 100%

• 95%

• 80%

• 70%

The credit union primarily uses what credit reporting bureau?

• Whichever one the member requests

• Transunion

• Experian

• Equifax