Soft Credit Footprint
If your customer is a homeowner looking for a secured or unsecured loan, it is easy to imagine that applying on the internet is not only quick and easy, but also invisible in terms of exposing their credit history.
Nothing could be further from the truth. It's extremely easy for them to undertake numerous loan applications and find that with each rejection their credit rating is slowly eroded and subsequently damaged. Couple this with further homeowner loan applications and the problem becomes worse, resulting in a vicious cycle of credit erosion.
A homeowner secured or unsecured loan from Freedom Finance utilises our soft search technology designed specifically to provide results which will allow a homeowner to establish whether they will be accepted for a loan before making a full application.
This means homeowners looking for a secured or unsecured loan can be sure they are receiving the best product based on their individual needs, whilst applying safe in the knowledge that every search isn't affecting their credit rating.
Freedom for Intermediaries is a trading style of Freedom Finance Limited registered in England and Wales. Company number 06297533. Freedom Finance Ltd is Authorised and Regulated by the Financial Conduct Authority. Registered office: Atlantic House, Atlas Business Park, Simonsway, Manchester, M22 5PR. VAT Registration Number: 156 0324 34 Copyright © 2010-2015 Freedom Finance Limited. All rights reserved. Reproduction in whole or in part without permission is prohibited. Calls may be recorded for training and monitoring purposes.