CompTIA
Checkpoint
ISC
HP
Dell
EC-Council
EXIN
Fortinet
ITIL®
Juniper
PMI
Microsoft
VMware
Avaya
Google
Salesforce
Amazon
Palo Alto Networks
Certiport
ISC2
All Vendors
  2. Home
  3. Exams
  4. Banking
  5. CRCM

Free CRCM Exam Braindumps (page: 79)

Page 79 of 344
PDF with 463 Questions

When must disclosures on consumer leasing transactions subject to Regulation M be made?

  1. At the time of the application
  2. Before the consummation of the lease
  3. Before the first payment due under the lease
  4. Within 10 days after consummation of the lease

Answer(s): B



When must disclosures on consumer leasing transactions subject to Regulation M be made?

  1. At the time of the application
  2. Before the consummation of the lease
  3. Before the first payment due under the lease
  4. Within 10 days after consummation of the lease

Answer(s): B



A bank does not know all of the specific information to be disclosed on the lease at the time of the consummation. What may the bank do after attempting to obtain the information?

  1. Omit the unknown disclosures
  2. Estimate the amounts and note that the information is estimated
  3. Delay consummation of the transaction until the information is ascertained
  4. Estimate the information based on averages of all other leasing transactions the bank has made within the last six months

Answer(s): B



A bank does not know all of the specific information to be disclosed on the lease at the time of the consummation. What may the bank do after attempting to obtain the information?

  1. Omit the unknown disclosures
  2. Estimate the amounts and note that the information is estimated
  3. Delay consummation of the transaction until the information is ascertained
  4. Estimate the information based on averages of all other leasing transactions the bank has made within the last six months

Answer(s): B



Page 79 of 344



Post your Comments and Discuss Banking CRCM exam with other Community members:

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
#229 in incorrect - all the customers require an annual review
UNITED STATES
upvote

LeAnne Hair commented on August 24, 2023
I think question 204 has an incorrect solution. It should be D-Regulation E
UNITED STATES
upvote

Igor commented on April 10, 2020
Guys, leave no stones unturned. Try to study every questions and anything other supplementary material you have. The exam is not easy. I just wrote mine and if it wss not for these questions I would have not have passed it.
BULGARIA
upvote

Lori commented on July 20, 2017
I had a good result. Worth the money.
UNITED STATES
upvote

Chipps commented on July 20, 2017
Studying from this dump helped me understand the concept and what comes in the exam. But I only get about 80 to 85% of the questions not 100% as it is claimed. Well... still good enough to pass.
UNITED STATES
upvote