QUIZ TIME
     LETS SEE WHAT YOU KNOW!!


(ACTS) Credit Challenge

Answer these questions and get your score!

 

1) ECOA Code (Association with account) as shown in the below example hi-lighted in GREEN, displayed as (5) means:

  
 * WESTERN FUNDING            6-00    $3,856-O        
8880740 PH ISC   36   5  9-18-01             9-01

       
        
A) Authorized User

         B) On behalf of

         C) Signer

         D) Co-signer


* Based on the yellow hi-lighted information above, which answer best describes this information?


2) The
PH code signifies this account was which of the following:

         
         A)
Personal Home Furnishings

         B) Personal or Home (Non-specific)

         C) Health & Fitness Clubs

         D) Plumbing or Heating services

3) The code shown as ISC signifies this account was which of the following:

        
        
A) Insurance Sales Contract

         B) Installment Secured Contract

         C) Investment securities Contract

         D) Installment Sales Contract


4) If the code shown in question number (3) had shown
R/V instead of ISC, the R/V would indicate which:

         
         A)
Recreational Vehicle Secured contract

         B) VA Real Estate Mortgage

         C) Repossessed Vehicle

         D) Mortgage with Variable Rate


5) You truly understand all the information provided on a Credit Bureau?

        
         A)
True         B) False 


GET YOUR SCORE

PLEASE FILL OUT THE INFORMATION BELOW.  PUT YOUR ANSWERS FROM THE QUESTIONS ABOVE WHERE IT STATES ENTER YOUR ANSWERS HERE AND THEN HIT SUBMIT.  YOUR SCORE WILL BE EMAILED TO YOU SHORTLY PROVIDED YOU ENTERED YOUR EMAIL ADDRESS.

First Name:
Last Name:
Dealership Name:
Phone:
Email Address:
ENTER YOUR
ANSWERS HERE:
(ANSWER TO QUESTION #1)
 (ANSWER TO QUESTION #2)
 (ANSWER TO QUESTION #3)
 (ANSWER TO QUESTION #4)
 (ANSWER TO QUESTION #5)
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