Frequently asked questions On Crediplan Plus

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www.crediplanplus.com Frequently Asked Questions A Member of the Alliance Group of Companies 1. Where can you obtain a hard a copy of the loan application: Please email a request for any documentation to [email protected] and we will gladly email you a copy of our loan application and loan document. 2. Can I submit an application by fax: We do accept faxed applications at 905-660-3078. Please note that this is not the preferred method for receiving applications and we do like receiving the applications through our portal www.crediplanplus.com . When you submit a deal through your password protected login, the information is immediately mapped to you and the information can then be easily retrieved by you. Try it and you might find it to be the better way to apply. 3. What are the min and max loan amounts and loan terms: Please refer to the power point which can be found online in the CrediPlan Plus portal. As per the loan agreement you can offer a client: $2,000.00 loan at 36 months $3,000.00 loan at 36 months $5,100.00 loan at 60 months $10,000.00 loan at 60 months The loans are fully open and comply with all consumer regulations. 4. How do you calculate payments: As the terms and payments are all fixed, simply quote the various payment structures as outlined on the loan agreements. 5. Can an interested party find out in advance what their payments will be before being approved: Yes. Please pre-qualify the applicant for the appropriate loan amount 6. Does CrediPlan Plus check a persons credit in advance of providing the loan: No. We are not a credit repair agency and we do not promise to improve credit. If your client continues to abuse their credit we cannot help them with that. CrediPlan Plus works when a client manages their credit 7. Does a client need to own a property to be eligible for a loan: No 8. Does a client need to pay anything upfront: No. A client provides CrediPlan Plus with a void cheque and their payments will be withdrawn 30 days after the loan is booked 55 Administration Road, Suite 11, Vaughan Ontario L4K 4G9 Tel: 905.660.1898 Fax: 905.660.3078

Transcript of Frequently asked questions On Crediplan Plus

Page 1: Frequently asked questions On Crediplan Plus

www.crediplanplus.com Frequently Asked QuestionsA Member of the Alliance Group of Companies

1. Where can you obtain a hard a copy of the loan application: Please email a request for any documentation to [email protected] and we will gladly email you a copy of our loan application and loan document.

2. Can I submit an application by fax: We do accept faxed applications at 905-660-3078. Please note that this is not the preferred method for receiving applications and we do like receiving the applications through our portal www.crediplanplus.com . When you submit a deal through your password protected login, the information is immediately mapped to you and the information can then be easily retrieved by you. Try it and you might find it to be the better way to apply.

3. What are the min and max loan amounts and loan terms: Please refer to the power point which can be found online in the CrediPlan Plus portal. As per the loan agreement you can offer a client:

$2,000.00 loan at 36 months

$3,000.00 loan at 36 months

$5,100.00 loan at 60 months

$10,000.00 loan at 60 months

The loans are fully open and comply with all consumer regulations.

4. How do you calculate payments: As the terms and payments are all fixed, simply quote the various payment structures as outlined on the loan agreements.

5. Can an interested party find out in advance what their payments will be before being approved: Yes. Please pre-qualify the applicant for the appropriate loan amount

6. Does CrediPlan Plus check a persons credit in advance of providing the loan: No. We are not a credit repair agency and we do not promise to improve credit. If your client continues to abuse their credit we cannot help them with that. CrediPlan Plus works when a client manages their credit

7. Does a client need to own a property to be eligible for a loan: No

8. Does a client need to pay anything upfront: No. A client provides CrediPlan Plus with a void cheque and their payments will be withdrawn 30 days after the loan is booked

9. Minimum age requirement: Each province has a different age of majority. As a client must be at age of majority for a province we may request POA ‘s from time to time

10. What will you earn from a successful referral: Please refer to your agreement

11. Can I use CrediPlan branding so that online referrals come through the agent: CrediPlan Plus has developed online tools that enable our agents to link our application onto their website. We also give you the agent, limited authority to use the CrediPlan Plus logo and branding. CrediPlan Plus retains the authority to reject uses of our logo or image when it not used in accordance with company policy.

55 Administration Road, Suite 11, Vaughan Ontario L4K 4G9 Tel: 905.660.1898 Fax: 905.660.3078

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12. What happens to referrals once they are booked with CrediPlan Plus: You will notice from the website that CrediPlan Plus does not accept clients directly. All clients remain the client of the agent. Should a client request other CrediPlan Plus products, the agent will be compensated accordingly.

Street Address Address 2 Phone: 555.555.0125 E-mail address