Offering credit card applicants with pre-approval, and up to four guarantees.
In brief:
- TotallyMoney has announced the launch of an exclusive, industry-first feature, which provides credit card applicants with pre-approval, and up to four guarantees.
- In addition to improving transparency, and driving better customer outcomes, TotallySure can help lenders find more suitable borrowers, reduce costs, and improve trust and brand loyalty.
- To give customers confidence in being accepted for a product, and so they know they’ll get exactly what they’re applying for — TotallyMoney launched TotallySure.
What does this mean?
Alastair Douglas, CEO of TotallyMoney comments: "...for too long, regulation has allowed the banks to treat credit card applications as if they were a lottery — and to make things even more concerning, many people aren’t even aware they’re gambling with their finances. Lenders need to be upfront with customers about how products and services work, while ensuring they’re easily comparable. Key to that is by making sure that what people see is what they’ll get. Which is why we launched TotallySure. And to help raise industry standards and improve transparency, TotallySure offers are now recognised by our proprietary product ranking algorithm — Match Factor. As such, cards with the TotallySure badge will receive an upvote on our tables, making them more prominent to our customers, while helping lenders find more suitable borrowers, reduce costs, and improve trust and brand loyalty.”
