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CLVL Day 2 Review

  •  English    6     Public
    Review things learned in day 2 of CLVL
  •   Study   Slideshow
  • What are the names of the two loans learned yesterday?
    Internal Refinance & Net to Clear Title
  •  15
  • True/False: The member does not need to have the title on hand to complete a Net to Clear Title Loan
    False
  •  15
  • Name 3 requirements for members to refinance their vehicle loans.
    All loans and accounts must be in good standing A title on file POA for any name changes made to the title Valid acceptable ID, if completing title work (only i
  •  25
  • What is one fee If adding someone to a title who was not married at the time of initial purchase?
    6.25% Sales Tax & $35.50 for name change
  •  20
  • What document is needed if someone is being added to the title and owners were married during original purchase?
    Statement of Fact
  •  20
  • Within how many days may a rate modification or term change be accepted?
    90 days
  •  15