Sales Training Game

It is typically easier to get qualified for a secured loan than unsecured loan.

Chapter 13 Bankruptcy can impact you for 7-10 years.

Home Equity Line of Credit is considered Secured.

The lowest amount of debt enrolled into our program is

Chapter 7 Bankruptcy forces you to pay back your debt.

Typically, the strongest DQ of them all is...

The average American owes about $________ in debt.

If debt obligations are $2,000 per month and the gross income is $10,000 per month, what is the income?

No Money is Owed On a Property

We do work with collection agencies.

What are the two key factors in making a decision for lending?

What does a client need to qualify for our program?

Equifax, Transunion, and Experian are the Top 3 Credit Unions.

When someone needs to borrow money, they typically ask _____

What do people confuse Debt to Income with?

We call the program a 0% Interest Credit Card Program.

It takes 3 months for an account to be charged off.

This program is both run and backed by Century Services.

What is Marjoram?

What is unique to Debt Relief/Debt Settlement?

At what point for the DTI is an individual considered high risk?

Home Equity Loan is considered Revolving Credit.

Ego and Sympathy are the two main traits of highly skilled salespeople per Harvard Business Review.

What are the term lengths that we have here at Century for our program?

We partner with _ of the biggest names in lending.

If I have an APR of 24%, what is the monthly compounding interest in mathematical form?

Which bankruptcy usually clears the debt for the consumer?

We do not offer bankruptcy services.

The two conditions of the program are closing the accounts and the effect on the credit.

Chapter 11 is for the private consumer, not businesses.

The DTI Ratio is used by lenders to assess your creditworthiness

An Authorized User is legally responsible for any account they are attached to.

A regular account becomes a charged off account after how many months?

What are the lowest and highest credit scores possible?

A Personal Loan is always secured.

You wait until your deal is up on the board after submitting a deal for compliance.

Century Services began ___ years ago.

The fee charged for borrowing a sum of money

For credit cards, you must tell creditors that you want the payment to be applied directly to the principal.

Consolidate means to combine a number of things into a coherent whole

The Fair Isaac Corporation created Credit Scores

We partner with only 50 lenders.

A creditor can only get unsecured debt back by going through a court of law.

We never go into the double digits in terms of interest.

What is the most important aspect of the call?

What is the preferred turn around time for getting clients their results?

Annual Income: $120K, rent=$2000, utilities=$500, car=$700, medical=$300. What is the DTI?

Do we work with charged off accounts?

In order to pull a credit report, you need the full social.

What's the biggest benefit of this program?

Which bankruptcy is similar to our program for consumers but has a 7-10 impact?

Since November of 2020, American Consumer Debt has gone up to ...