ZipLoan Credit Manager Interview Questions and Answers

DPD stands for Days Past Due, a measure of how many days a payment is overdue.

• DPD is commonly used in credit management to assess the risk of late payments.

• It is calculated by counting the number of days between the due date and the actual payment date.

• For example, if a payment was due on January 1st and was paid on January 15th, the DPD would be 14.

• DPD can be used to determine the interest or penalty charges for late ...read more

Margin is calculated by subtracting the cost of goods sold from the revenue and dividing the result by revenue.

• Margin = (Revenue - Cost of Goods Sold) / Revenue

• Revenue is the total amount of money earned from sales

• Cost of Goods Sold is the total cost of producing or purchasing the goods sold

• Margin is expressed as a percentage or a decimal

• Example: If revenue is $10,000 and cost of goods sold is $7,000, then margin is ($