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WorksheetsHot Shots EC Quiz
Total questions: 11
Worksheet time: 3mins
What % of the total debt can be comprised of Discover/Amex?
15
50
70
100
What is considered a "qualified" lead?
Anything that gets thrown in front of you
$7,500 in debt
$10,000 in debt
Toothbrush
What is the longest term for a program with only 1 tradeline
20
24
30
36
Which of these states are considered the Gold States here at this lovely company!?
New Jersey
Ohio
North Carolina
South Carolina
If a client has been served by one of their creditors, we can help them as long as they have not gone to court yet.
TRUE
FALSE
What types of student loans do we accept?
All of them
Federal
Private
All active unsecured debt from the same creditor must be enrolled EXCEPT for which creditor?
Cap One
Synchrony
OneMain
Discover
If a client has not been served, but their debt is with a law firm, we are okay to enroll them
TRUE
FALSE
What are the stipulations for us being able to enroll a high interest loan(AKA PAYDAY or TRIBAL loan)
Proof of the payoff amount at the time of enrollment
loan must have an original term length of at least 13 months
statement must be dated within the last 30 days
showing at least one payment was made towards the loan
If no proof of payment available, loan must be open for at least 60 days
If I have a mortgage through Bank of America, can I enroll my unsecured debt with Bank of America into the debt resolution program?
Yes
No
Yes, but needs to be advised to open a new bank account.
Yes, but has to refinance mortgage with 30 days.
Client has a CD with ABC credit union and wants to include ABC credit union credit cards. Will client need to close CD or bank accounts?
No
Yes
