Installment Loans PRODUCT KNOWLEDGE

Installment Loans PRODUCT KNOWLEDGE Bingo Card
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This bingo card has a free space and 24 words: $5000, 12 months – 72 months, Auto Deduction, Coupon Book, or Monthly Statement, A person or institution having a legal claim on the specific property as security for a debt., 12-240 months, BUC, YachtWorld.com, Boattrader.com, etc., Fixed, No collateral is needed. This is unsecured., 12 -60 months, No fee. The Loan term is less than 18 months, $125 in all states, A loan or extension of credit in which the proceeds are dispersed in full when the loan closes and must be repaid, including any interest and finance charges, by a specified date. Opposite of Revolving., TRUE this is known as Non owner occupied, $560,000, .25% discount, $125 plus 1% of the loan amount, $10.00 if ACH is cancelled. This fee is not applicable in CO, IN or ME., $150,000, 100% LTV, $450, $150, Variable, $595,000 and 125% LTV.

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