LARA
*Demand Metric 2015 Digital Marketing Benchmark Report
Calculates a customer’s potential maximum borrowing power / whether they can borrow a desired amount
Customer explores a range of borrowing scenarios based on terms lengths, repayments, additional payments etc.
Calculates customer’s borrowing power based on current rental payments and explores the impact of making additional payments
Shows how your loan product can beat the customer’s current provider and calculates potential interest savings
Displays relevant loan products based on customer’s preferred loan features and encourages up-sell of more profitable loans
Calculator users are more likely to complete their application. Armed with relevant information, customers are more confident to take the next step and less likely to abandon the process early.
Tools are available when it suits the customer, on their device of choice. Calculator interface design is based around real-life scenarios with minimal taxing touchpoints.
Customer data is captured and prepopulated into other Sandstone platforms. It means less re-keying of data for customers, less double handling at your end and reduced time to acquisition.
