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#2060333 - 01/25/16 06:44 PM credit related ancillary products
Still Smiling Offline
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Joined: Nov 2007
Posts: 767
Can anyone give examples of "credit related ancillary Products" are?
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#2060358 - 01/25/16 07:42 PM Re: credit related ancillary products Still Smiling
Jade'sFire Offline
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Jade'sFire
Joined: Apr 2012
Posts: 369
Yaven IV
I think this is a catch-all term. One example that immediately comes to mind is offering ID theft protection services (credit cards) and charging for it. You can also lump in credit insurance premiums, and probably transaction based fees too.
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#2066679 - 02/29/16 09:22 PM Re: credit related ancillary products Still Smiling
Compli(cated) Offline
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Joined: Mar 2011
Posts: 185
Wisconsin
What about extended warranty coverage on refinance auto loans - this is really not a finance product so my understanding is that it would not need to be added into the calculation?
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