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If a bank reposesses someone's vehicle where do they sell the repo cars?
If a bank repossesses someone's vehicle they will often sell it. Smaller banks or credit unions usually put the cars up for sale on their own lots using "For Sale" signs. Majority of the bigger banks or credit unions hand over the cars to a professional auto auction company.
Do banks sell first time credit cards?
Banks do not sell credit cards but rather offer first time credit cards to those trying to build their credit. RBC, TD, and CIBC all offer first time credit cards to their clients.
Where can one find current new car loan rates?
Car loan rates are typically found at car dealers, if the dealer or the car company they sell for is offering financing, or at local banks and credit unions.
Why must banks ensure that their customer database is accurate and up to date if they want to sell more products?
Explain why is it essential that banks ensure that their customer database is accurate and up to date if they want to sell more products.?
How can you motivate the Banks Sales Team to sell insurance more?
Give the sales team an incentive to sell more insurance products. If they get paid more to sell insurance, then they will sell more insurance.
What five services that a bank supply?
banks accept deposits,grant loans,sell insurance products,sell investment products like mutual funds and provide safe deposit lockers and vaults.
5 types of services banks offer?
Some services offered by banks are: 1. Accepting deposits 2. Granting loans 3. Providing safe deposit lockers & vaults 4. Sell Insurance Products 5. Sell Investment products like Mutual funds etc.
What are the three items of information that banks need to know so that they can credit a specified amount of money to a particular account?
get id and sell it
Where can I get information about foreign credit?
A foreign tax credit is a credit for anyone who has worked in another country. Foreign trade credit is an insurance against currency changes for businesses that sell products to foreign countries.
What do credit mortgage companies do when faced with someone with bad credit?
Some companies are capable of underwriting their loans to customize them to meet the needs of their customers. It is very difficult for the banks to buy and sell mortgages when they underwrite them. Most major banks will not change the terms of their loans for this reason.
What is a credit card merchant service and what does it do?
A credit card merchant service refers to a company that will sell you products you need for your business, such as credit card machines, cash registers, etc. The merchant service will bill your company, just like a credit card.
Which banks sell home mortgages?
There are many banks that sell home mortgages. Examples of banks that sell home mortgages includes Wells Fargo, Capital One, TCF, and Bank of America.
