Crest Partners with Versatile Credit to Offer Faster Approvals

Furniture World News Desk on 11/15/2014

Crest Financial, an industry leader in “No Credit Needed” financing, announced that it  is teaming up with Versatile Credit to offer faster and simpler approvals to consumers.

Versatile Credit’s unique self-service kiosk-based solution combines the applications for Synchrony Financial, formerly GE, and Crest Financial to make the entire process easier and more secure. A consumer only needs to enter their information once and they are able to get their approval status in seconds from both lenders.

Versatile Credit integrates Crest Financial’s application to provide the easiest and most seamless approval process for consumers. With this convenience, consumers get approved when they otherwise might have left without merchandise.

Versatile’s platform allows consumers to fill out fewer forms. The kiosk offers a waterfall capability that transfers information from one form to another. After filling out an initial form to apply for credit with Synchrony Financial, consumers only need to fill out two additional fields to receive a decision from Crest Financial.

“We are excited to be able to offer our “No Credit Needed” financing to more consumers by partnering with Versatile Credit,” said Clint Cowley, chief operating officer at Crest Financial. “This will help us help consumers get the financing they need.”

The company says that retailers using Versatile Credit typically see a 20 percent rise in applications. Because Crest Financial has around a 90 percent approval rate they provide even more approvals for consumers. The application process using a Versatile Credit in-store kiosk is secure and completely private. Since 2007, consumer applications using Versatile Credit have resulted in more than $8 billion in approved transactions.

Versatile offers a range of floor- standing and countertop kiosks that fit all retail environments along with all-inclusive monthly service plans. All a retailer needs to provide is a small amount of space and an Internet connection. To find out more visit: http://www.versatilecredit.com.

About Crest Financial: Crest Financial, with its corporate office located in Utah, is an innovative provider of financing and marketing solutions for retailers nationwide. Crest Financial is an industry leader in “No Credit Score Needed” financing. Since opening in 2005, Crest has helped finance thousands of satisfied consumers. For more information, call 855-28CREST or visit http://www.CrestFinancial.com.

About Versatile Credit: Versatile is a multi-disciplinary technology company with solutions across the mobile, digital signage, IT infrastructure, software and hardware landscape. The company’s products are utilized by Fortune 500 companies, leading financial institutions and large and small retail organizations. For more information, visit http://www.versatilecredit.com.