Cross-selling during the sales process is a tricky proposition. Instant Prescreen can help you make the most of that brief window of opportunity. The easy-to-use tool helps you quickly determine if a customer is qualified for other products, allowing you to immediately extend preapproved credit offers.
With Instant Prescreen, you can quickly extend preapproved credit offers to existing or prospective customers. Credit prescreen is not consumer-initiated, so decisioning happens when the original transaction is in progress.
For example, a consumer visits your branch to open a checking account. While you’re getting information to open the account, you can initiate an Instant Prescreen request to see if the consumer qualifies for overdraft protection, a credit card, or an auto or home equity loan. If the request is approved, you make the offer to the customer. Now, instead of offering credit applications, you can sell your loan products.
Instant Prescreen increases your new account acquisitions by performing the preapproval process in seconds, while the customer is on your website, on the phone with you or at your business.
Instant Prescreen is quick and easy to implement. Access is available through eSolutions, Net Connect frame relay or a variety of other vendors.
Whenever you’re in contact with a potential prospect, simply enter his or her identifying information into Experian’s decisioning platform. If the prospect meets your criteria, the system will respond with a “yes,” thereby enabling you to make your preapproved credit prescreen offers instantly.
Experian has an Instant Prescreen option to fit your budget and decisioning requirements:
With a wide range of implementation options, Experian® has an Instant Prescreen option to fit your budget as well as decisioning requirements.