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Team 2
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Teams
Name
Score
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15
×
True or false: DPW is refundable after 60 days.
False
True
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15
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What does DPW stand for?
Direct Payment Warranty
Debt Protection Waiver
Depreciation Protection Waiver
Damage Protection Warranty
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15
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What is the cost of DPW?
Always free
Fixed price
Only for new cars
Varies by vehicle value
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15
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How does DPW benefit borrowers?
Reduces loan balance
Provides free repairs
Offers cash back
Reduces interest rates
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×
lifesaver
Give 10 points!
Oops!
×
rocket
Go to first place!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
baam
Lose 25 points!
Oops!
15
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True or false: GAP never waives the entire loan amount.
False
True
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×
heart
Other team wins 5 points!
Oops!
×
seesaw
Swap points!
Okay!
×
gift
Win 5 points!
Okay!
×
banana
Go to last place!
Oops!
15
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Which collateral type is eligible for GAP?
Motorcycles
Only new cars
Bicycles
Trucks only
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15
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Who is eligible for ADR coverage?
Anyone
Co-borrower
Primary borrower
Both borrowers
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baam
Lose 25 points!
Oops!
×
magnet
Take 10 points!
Okay!
×
shark
Other team loses 15 points!
Okay!
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baam
Lose 10 points!
Oops!
15
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True or false: DPW is ideal for all loans.
False
True
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15
×
What is the coverage period for ADR?
1 year
2 years
5 years
3 years
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15
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What is the minimum LTV for GAP?
91%
50%
100%
80%
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seesaw
Swap points!
Oops!
×
magnet
Take 10 points!
Okay!
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fairy
Take points!
5
10
15
20
25
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banana
Go to last place!
Oops!
15
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What is a GAP Waiver?
Loan extension
Payment plan
Insurance policy
Protection against total loss
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15
×
True or false: DPW covers motorcycles.
True
False
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×
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