Marketing

Find New Account Holders With Credit-Based Marketing

Posted by on June 7th, 2018 in Marketing

Do you want new account holders to seek you out? Plant the seed to let them know you’re out there! Pre-screen credit prospecting allows you to target consumers with your best loan products to meet their current needs.

Run multiple offers at the same time to promote any of your loan products. Determine what credit requirements, (FICO scores, equity, LTV, etc.) the prospects need to meet the lending goals of your institution. Use LKCS Credit Prospecting to send out pre-screened offers of credit to prospective borrowers. Targeted data is available for refinance offers and new loan acquisitions.

Pre-Screen Prospecting is much less expensive than you would think. Purchase pre-screen data for your whole market area to increase your account base. By running multiple offers, you are able to find many more prospects who meet your loan requirements. This will allow you to attract more new loans!

Credit-Based Marketing leverages data from the three major credit bureaus to identify qualified leads. Realize up to a 70% increase in qualified leads by employing data from all three bureaus, when compared to using only one bureau. Find the right individuals and their specific needs so that you can send the right offer.

Utilize credit pre-screen marketing campaigns for:

  • Auto Loans
  • Mortgage Loans
  • Home Equity & HELOC Loans
  • Auto & Mortgage Refinancing
  • Credit Cards & Balance Transfers

Working with LKCS helps you to make credit-based marketing easier. Contact us for more information on how this form of marketing can specifically help your bank or credit union.