SavvyMoney, a company powering innovative, market-leading credit score solutions, has officially announced the launch of its new solution in Get My Rate, which happens to be the first personalized offer automation tool designed exclusively for financial institutions (FIs). According to certain reports, the stated solution comes decked up with an ability to transform the way FIs interact with members and non-members, something it will do by providing unmatched convenience, tailored experiences, and enhanced market reach. Furthermore, it can be expected to seamlessly integrate consumers into the FI’s marketing efforts so to ensure that as their credit profile improves over time, or even as the rates improve, they are presented with pre-qualified loan options featuring the latest rates in line with their credit qualifications. More on the same would reveal how, unlike other conventional, single-stop pre-qualification solutions in the market, Get My Rate allows users to attain pre-qualification for multiple offers simultaneously and receive ongoing alerts when rates change in their favor. On top of it, users also stand to make significant gains from continuous credit monitoring and a comprehensive set of financial wellness tools that, on their part, are all meticulously designed to propel you towards improving your financial profile over time. Once achieved, these enhancements can then also unlock better loan opportunities and substantial cost savings for consumers.
“SavvyMoney is thrilled to introduce Get My Rate — the first tool of its kind — marking a new era of convenience, empowerment, and expansion,” said JB Orecchia, President & CEO of SavvyMoney. “Given credit criteria and rates change all this time. This solution provides a personalized solution that alerts consumers when the product or rate meets their needs. In an industry that’s rapidly evolving with digital transformation and increasing consumer expectations, it truly exemplifies our commitment to reshaping the lending landscape, putting the power of personalization in the hands of consumers while driving continued growth for financial institutions.”
To give you a more specific view of the way in which Get My Rate scales up the existing dynamics, for starters, it streamlines consumer pre-qualification for loans, thus eliminating uncertainty and stress usually associated with the process. Next up, we must get into its promise to alert consumers of progress regarding credit improvement goals to pre-qualify. Moving on, the solution also makes it possible for FIs to identify and market personalized offers to consumers, with personalization aspect unsurprisingly hinting at better conversion rates. Anyway, joining the same would be how, by predicating borrowing on consumers’ terms, Get My Rate is able to expand market share dramatically. Finally, our last piece of highlight comes from the possibility to develop long-term relationship FIs and consumers.
“In today’s fast-paced financial landscape, consumers expect personalized, convenient experiences. Our new offer automation tool meets this demand head-on, revolutionizing how financial institutions connect with both members and potential customers,” said David Dowhan, Chief Product Officer at SavvyMoney. “By providing tailored loan options based on real-time credit profiles, we’re not just streamlining the lending process – we’re creating a more transparent, empowering financial journey for consumers while driving growth for our partners.”
Founded in 2009, SavvyMoney’s rise up the ranks stems from its knowledge of combining real-time data with digital personalization tools to provide market-leading credit score solutions. The company’s excellence in what it does can also be understood once you consider it serves, at the moment, more than 1300 banks throughout the country. In case that didn’t sound impressive enough, then we must mention that it also services over 40 online banking platforms.
