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Fill in the blanks game

Jennie Gooding

Created on December 12, 2023

Custom Credit

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Transcript

Fill in the blanks

FILL IN THE BLANKS GAME

The three elements of distress to consider when handling a complaint are Material distress, Material inconvenience and ________________

Financial Loss

Material Loss

Animation

Financial Distress

Creativity

Financial Loss

FCA Definition of a Complaint is Any oral or written expression of _________________ whether justified or not..

Unhappiness

Dissatisfaction

Dissatisfaction

Discontent

FILL IN THE BLANKS GAME

What is a Promise to pay? A commitment to making full payment within the upcoming __________ .

7 Days

14 Days

14 days

1 Month

We can offer a maximum of ___________ period and suspend any interest, fees, or penalties to the outstanding debts.

60 days

14 Days

30 Days

60 Days

FILL IN THE BLANKS GAME

For Custom Credit to be able to gain access to thier ______________ data, the customer needs to give permission on their mobile banking app or website.

open banking

open banking

Personal

Payment

What is a Variable ___________ Payment (VRP)? VRP refers to a payment arrangement in which the borrower makes regular payments that can vary in amount over time

Recurring

Repayment

Recurring

Referral

FILL IN THE BLANKS GAME

The four key drivers of vulnerbility is: Health Life Events Resilience __________

Disability

Capability

Capability

Finances

If a customer is not happy with their outcome from a complaint they can contact the _______

FOS

FCA

FOS

FSCS

FILL IN THE BLANKS GAME

‘The FCA defines a ____________________ is someone who, due to their personal circumstances, is especially susceptible to harm, particularly when a firm is not acting with appropriate levels of care.’

Vulnerable Customer

Vulnerable Customer

Dissatisfied Customer

Unprotected Customer

What does the A in TEXAS stand for? Thank Explain Explicit consent ___________ Signpost

Age

Ask

Ask

Allow

FILL IN THE BLANKS GAME

What does NMP stand for? _________________________

Net Monthly Payment

Normal Monthly Payment

Normal Monthly Payment

No Monthly Payment

What does RP stand for? ____________________

Referral Plan

Repayment Plan

Repayment Promise

Repayment Plan