EXAT Open Applications Quiz

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True/False on EXAT rules

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Diella Norbal (CONT)

United States

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EXAT Open Applications QuizVersion en ligne True/False on EXAT rules par Diella Norbal (CONT) 1 If there are multiple open refinance applications for different vehicles, each must have an IC/OC activity code. Yes No 2 Applicants flagged as Expired Approval cannot be withdrawn through the EXAT process. Yes No 3 All open applications must be withdrawn if the applicant wants to proceed with any one of them. Yes No 4 Before withdrawing, advise the applicant to exit the Customer Portal to ensure they cannot proceed on the withdrawn application. Yes No 5 If there is only one open application, you may withdraw it without adding any IC/OC or NOTE activity codes. Yes No 6 VIN must be the same across all applications, regardless of whether they are for different vehicles. Yes No 7 Verifying status uses IC/OC activity codes instead of NOTE for documentation. Yes No 8 An application in Expired status is included in the Existing Application task. Yes No 9 Fraud Investigation task on any application for the same vehicle requires not completing the Existing Application task until the fraud review is complete for all such applications. Yes No 10 The Existing Application task reviews all open applications excluding those in Expired status. Yes No

EXAT Open Applications QuizVersion en ligne

True/False on EXAT rules

par Diella Norbal (CONT)

If there are multiple open refinance applications for different vehicles, each must have an IC/OC activity code.

Yes

Applicants flagged as Expired Approval cannot be withdrawn through the EXAT process.

Yes

All open applications must be withdrawn if the applicant wants to proceed with any one of them.

Yes

Before withdrawing, advise the applicant to exit the Customer Portal to ensure they cannot proceed on the withdrawn application.

Yes

If there is only one open application, you may withdraw it without adding any IC/OC or NOTE activity codes.

Yes

VIN must be the same across all applications, regardless of whether they are for different vehicles.

Yes

Verifying status uses IC/OC activity codes instead of NOTE for documentation.

Yes

An application in Expired status is included in the Existing Application task.

Yes

Fraud Investigation task on any application for the same vehicle requires not completing the Existing Application task until the fraud review is complete for all such applications.

Yes

The Existing Application task reviews all open applications excluding those in Expired status.

Yes

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EXAT Open Applications Quiz

Oui ou Non

À propos de cette activité

Créé par

Téléchargez la version pour jouer sur papier

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EXAT Open Applications QuizVersion en ligne

par Diella Norbal (CONT)

If there are multiple open refinance applications for different vehicles, each must have an IC/OC activity code.

Applicants flagged as Expired Approval cannot be withdrawn through the EXAT process.

All open applications must be withdrawn if the applicant wants to proceed with any one of them.

Before withdrawing, advise the applicant to exit the Customer Portal to ensure they cannot proceed on the withdrawn application.

If there is only one open application, you may withdraw it without adding any IC/OC or NOTE activity codes.

VIN must be the same across all applications, regardless of whether they are for different vehicles.

Verifying status uses IC/OC activity codes instead of NOTE for documentation.

An application in Expired status is included in the Existing Application task.

Fraud Investigation task on any application for the same vehicle requires not completing the Existing Application task until the fraud review is complete for all such applications.

The Existing Application task reviews all open applications excluding those in Expired status.

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