Savvy Finance – Aptitude Test – Packleader Learning Portal

Savvy Finance - Aptitude Test

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Scenario 1 – John, who is unsure of his credit history, is looking to take up a Personal Loan of $10,000 for his Holiday trip to Europe. Advise John on which finance company would be best suited for him and why? *

Suppose if John had a pre-approved personal loan with another company who would settle his loan disbursement in 5 days, but John wanted a disbursement within 1 day, which financial would you suggest to John and why? *

Suppose John’s loan is approved through Savvy Finance, what would be his ongoing fees? *

Suppose John is late is on his repayments for 2 months, what would be his minimum late payment fee? *

What documents are required to speed up the personal loan application process? *

Scenario 2 – Alisha, who recently got married is planning to save up for a new car and is looking to open a savings account to plan for her financial goals. She currently has $5,000 which she is looking to invest through a savings account and is planning to regularly deposit $500 on a monthly basis with an interest rate of 5.5%. Advice Alisha of her Total interest earned after 2 years? *

Finally, why should a customer choose Savvy Finance? *