OD LOC Approval Guidelines: *Checking Account Required 😁
- 600 – 689 16% interest
- 690 – Greater 13.9% interest
- 600 – 689 Max limit $500.00
- 690 – 724 max limit $1000.00
- 725 – greater max limit $1500.00
- No Score – 2 years on job or at current residence and NO derogatory
- Minimum Gross monthly income $1500.00 for all levels
In addition, we have also made a couple changes to the incentives. 🤑💰💲
- MSR: When they refer an OD LOC loan and it is approved they will get $15.00 for each referral.
🌟as always, all information is required for these to be paid out. 🌟for a referral both the Referred by and the Referred to is required.
Below is a list of the most common items that are missed. In the past some of these were still paid out but will not be going forward.
*Member Name
*Member #
*Suffix
*Booking Date
*Product Type
🏆 Best Practice 🏆 – If there is a box on the incentive sheet it is there for a reason. FILL IT IN ✔.