For the first time, Experian app users can access pre-approved, credit union financing
Union Credit, a marketplace that enables credit unions to present firm, one-click credit offers at the point of purchase, announced that pre-approved offers from its more than 50 credit union partners are now presented in Experian’s mobile app.
Union Credit announced that pre-approved offers from its more than 50 credit union partners are now presented in Experian’s mobile app. This is the first time credit union financing is available in Experian’s app.
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Union Credit’s marketplace connects credit unions with creditworthy consumers by integrating loans into their everyday retail and financial activities. The Experian app offers many financial resources to free and paid members including access to consumers’ Experian credit report, FICO Score, credit monitoring, an auto insurance and credit card marketplace, and more.
Now, Experian’s more than 70 million members can browse and accept rates, terms, and offers from credit unions, at their convenience on Experian’s mobile app. Consumers gain a trusted option for responsible, competitive financing; credit unions can effectively compete alongside traditional banks and fintech lenders like never before.
“We are focused on responsible, targeted growth that furthers our organizational aim of providing members with services that match their needs,” said Brett Christensen, chief lending officer at America First Credit Union. “Being able to match personalized, responsible offers through a variety of marketplaces including Experian via Union Credit is something we expect will provide a great deal of value for members and America First Credit Union over time.”
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“We are always looking for new, effective ways to provide the tools and knowledge that customers need for financial success,” said Rakesh Patel, Executive Vice President, Experian Consumer Services Marketplace at Experian. “Presenting credit union offers into our app will help expand access to affordable financing while strengthening the connection between consumers and local credit unions. We’re driving financial inclusion while supporting institutions that prioritize community-focused lending.”
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“This marks an exciting milestone for credit unions. They’ll have a direct presence in an app used by many consumers, many of whom may not have previously considered credit union financing,” said Dave Buerger, co-founder and CEO of Union Credit. “Credit unions can continue to grow and attract new, eligible borrowers, while consumers gain more control and transparency over their financing.”
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source – businesswire
