GOLD RUSH QUESTIONS

Which of the following is true about GS Cash Advance's approach to low risk products?

• Focuses on high risk, high return strategies.

• Prefers a no risk approach altogether.

• Implements low risk strategies to avoid reckless policies.

• Services are tailored for long term clients only.

What is the minimum age requirement for an individual to be eligible for a loan?

• 18 years

• 21 years

• 23 years

• 25 years

What should be confirmed about a client's bank account for it to be considered active?

• Salary is paid into the account, and it is active, with the account in the client's name.

• Salary is paid into the account, and it is inactive, with the account in the client's name.

• Net salary is paid into the account, and it is active, with the account in the client's name.

• Gross salary is paid into the account, and it is active, with the account in the client's name.

What happens if there are insufficient funds during the debt collection process?

• Collect cash equal to the debt amount, with the client covering the fee.

• Collect cash equal to the debt amount, with the bank covering the fee.

• Do not attempt to collect the debt amount, with the client covering the fee.

• Do not attempt to collect the debt amount, with the bank covering the fee.

If a client is in arrears for 60 days, what is the next step?

• Issue a demand letter 10 days before payday, with a bailiff demand 2 days after payday.

• Issue a demand letter 10 days before payday, with a bailiff demand 2 days before payday.

• Issue a demand letter 10 days after payday, with a bailiff demand 2 days before payday.

• Issue a demand letter 10 days after payday, with a bailiff demand 2 days after payday.

What is the repayment period for a salary advance at GS Cash Advance?

• Two weeks

• One month, extendable to three months

• Three months

• Six months

Under what conditions might GS Cash Advance summarily dismiss an employee?

• Failure to meet performance targets as per the employment contract.

• Resignation without serving the notice period.

• Conviction of a crime by a Court of Law.

• Breach of the Conditions of Service or Disciplinary Code.

What is the purpose of the Disciplinary Code?

• To establish performance benchmarks.

• To enhance corporate communication.

• To clarify employee relations.

• To enforce strict punishment.

What action should be taken if gross misconduct is suspected?

Evaluate responses using AI:

OFF

What must be included in the documentation for a first time client applying for credit?

Evaluate responses using AI:

OFF