Where does mobile fit into your consumer’s credit journey? With most individuals now owning a smartphone, embracing this channel for credit marketing only makes sense. But it’s not enough to simply serve up a mobile credit offer today. Lenders must deliver mobile credit opportunities at the right places to engage customers on their terms.
The consumer can initiate the prequalification or instant credit process simply by texting a keyword or short code. Our industry-first identification technology then recognizes the consumer’s device credentials, eliminating unnecessary data entry and bypassing the need to fill out a lengthy credit application.
The entire prequalification and credit process can be completed securely and privately from a consumer’s phone in minutes. Once presented with credit options based on their credit score, consumers can review their offers and decide whether to proceed to the application. With instant decisioning, the consumer can immediately begin using credit for purchase.
Delivering mobile credit opportunities at the right place and time engages customers on their terms, and is critical for today’s digital consumer.