Credit Team QuizBee

A team of professionals engaging in a collaborative discussion around credit assessment, with charts and calculators, in a modern office environment.

Credit Team Knowledge Quiz

Test your expertise in credit assessment and serviceability with our engaging quiz designed for the Credit Team. Enhance your understanding of key concepts, from allowable thresholds to rental expense calculations.

10 challenging questions
Multiple question types including True/False and open-ended
Perfect for team training and knowledge validation

10 Questions2 MinutesCreated by EvaluatingEagle97

Your name

What is our allowable threshold % when computing for HEM?

True or False: If captured living expenses to HEM as a % is higher than allowable threshold (80%), we use HEM for serviceability.

True

False

How many days is the interest-free period for the Freestyle line of credit?

True or False: When reviewing regular debt conso apps, we can exclude the repayments of the debts being paid off from our serviceability computation.

True

False

Customer, 23 years old - residential status is "living with friends/family" and enters 400 as monthly rental expense. In our serviceability computation, how much would be the amount for rent?

True or False: For line of credit application, customers don't have an option to select the amount they're applying for.

True

False

What does CCC mean?

BONUS Question! What is Clay's full name?

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