WorksheetsKnowledge Check 3
Total questions: 10
Worksheet time: 6mins
What's the interest rate applied to RentReady accounts?
19.95%
21.99%
16.99%
18.25%
What is the admin fee applied to a $15k MME+ loan?
299
99
199
399
There's a $10 monthly account keeping fee applied to MME+ loans.
TRUE
FALSE
What's the establishment fee for a $38k personal loan?
495
295
259
359
How much is the service fee for a total of $7500 LST funding?
495
399
330
412.5
What is the interest rate applied if MME+ payments are missed during the interest-free period?
6.25%
16.99%
0%
19.5%
When is the monthly fee charged to LST accounts?
upon settlement
60 days after
30 days after
90 days after
How long is the repayment term for RentReady accounts?
(a)
What is the interest rate charged to a MOM A2 repeat client?
21.95%
13.75%
14.25%
18.95%
A new MME A3 client is on LC asking what the interest rate is and how much the maximum offer will be. What would be your response?
16.25 % / $10k
13.25% / $10k
16.25% / $15k
13.25% / $20k
