Fastcheck’s Soft Search Pre-Approval is designed to enhance the financing experience for both consumers and car dealerships. By enabling a real-time, non-invasive check of loan eligibility, our tool ensures that customers can explore their financing options without impacting their credit scores.
Features of the Soft Search Pre-Approval feature
No Impact on Credit Scores
Fastcheck’s soft search functionality allows customers to check their loan eligibility without leaving a footprint on their credit report. This means they can explore various financing options worry-free.
Instant Eligibility Results
Customers receive immediate feedback on their eligibility for multiple loan offers. This instant result feature streamlines the decision-making process, making it easier for customers to proceed with confidence.
Multiple Lender Offers
Our tool aggregates loan offers from various lenders, providing customers with a range of options to choose from. This increases the likelihood of finding a loan that best suits their needs.
Benefits to Car Dealerships
Increase Customer Engagement
By offering a soft search Pre-Approval check, dealerships can attract more customers who are curious about their financing options but hesitant to impact their credit score.
Higher Conversion Rates
Customers who use the soft search tool are more likely to proceed with loan applications, knowing their eligibility status upfront. This leads to higher conversion rates and increased sales.
Enhanced Customer Experience
Providing a seamless, non-invasive way to check loan eligibility improves the overall customer experience, fostering trust and satisfaction.
How Fastcheck's Soft Search Pre-Approval Feature Works
Customer Interaction
Customers enter basic information to initiate the soft search.
Eligibility Check
Fastcheck’s tool performs a quick pre-approval check without affecting the customer’s credit score.
Receive Offers
Customers receive instant pre-approved results and can view and build multiple loan offers.
Proceed with Confidence
Customers can choose the loan option that suits them and proceed with the application process, knowing their eligibility status.
Discover how Fastcheck can help you convert more sales.