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CLPL: CB

  • Game Code: 251507
  •  English    12     Public
    Credit Builder Loans & Review
  •   Study   Slideshow
  • The Credit Builder’s funds are secured in the member’s _______ ______ account.
    Primary Savings
  •  15
  • The interest rate on a Credit Builder Loan is ___ above the interest rate earned on the ______ _________.
    9% & Share Account
  •  20
  • The minimum term for a Credit Builder Loan is _______.
    6 months
  •  15
  • The maximum term for a Credit Builder Loan is _________.
    36 months
  •  15
  • The minimum amount an applicant can apply for is _____.
    $300
  •  15
  • The maximum amount an applicant can apply for is ______.
    $2500
  •  15
  • A _____ _____ is pulled when processing a Credit Builder Loan.
    Credit Report
  •  15
  • The member does not get any money upfront with this type of loan. The funds release to the member once the ________________________.
    loan is paid in full
  •  15
  • What are some reasons a member may consider applying for a Credit Builder Loan?
    Establish or rebuild damaged credit
  •  15
  • What tool allows members to finalize their loan over the phone?
    Docusign
  •  20
  • What three loans have you processed?
    MasterCard, Personal/Signature Loan, Line of Credit(LOC)
  •  20
  • What is the minimum age a person can apply for any RBFCU loan?
    18
  •  20
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