CrediCar have announced their integration with multiple car finance lenders over the past few weeks with the most recent being prime lender Santander Consumer Finance.
CrediCar’s credit decision engine sits one stage before the bank’s internal decisioning systems and pre-approves customers, creating a Consumer Duty compliant finance journey.
Amar Rana, Founder and CEO of CrediCar said, “Lenders are paying a high level of attention to the customer experience and outcomes of finance journeys and are seeking innovative solutions to improve that experience. We’ve been working very hard on our proposition to create a great consumer centric experience in line with Consumer Duty and at the same time we create efficiencies for banks and lenders. We look forward to building more great relationships with banks and lenders in the industry in 2023 and beyond.”
Santander Consumer Finance offer a range of great finance products to prime customers in the market to purchase their next vehicle Credicar will now be able to offer accurate pre-approved quotes for Santander via their F&I partners to dealers/brokers for their customers to self serve.
Santander maintains a presence in all global financial centres as the 16th-largest banking institution in the world.
