How well do you know your Auto Loan product?

How well do you know your Auto Loan product?

Professional Development

20 Qs

quiz-placeholder

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How well do you know your Auto Loan product?

How well do you know your Auto Loan product?

Assessment

Quiz

Fun, Business

Professional Development

Practice Problem

Easy

Created by

Flo de Vera

Used 10+ times

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20 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do we call the document we send to the dealer to release the client’s unit?

Purchase Order

Credit Advice

Authority to deliver

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

GUESS THE LOGO

Toyota

MG

Geely

Subaru

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

For an employed client, how long should he at least be working for to avail an auto loan?

1 year

2 years

3 years

4 years

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Which is not an acceptable purpose for an auto loan?

Accomodation

Personal

Business

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Media Image

GUESS THE LOGO

Nissan

Honda

Mitsubishi

Kia

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

What do you call the original amount of money that is borrowed? Computed as Net SRP - down payment.

Add on rate (AOR)

Loan amount

Down payment

Chattel fee

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

One is not an initial auto loan requirement

Application form

COE

Payslips

Dealer's quotation

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