Versatile Credit kiosks and Crest Financial to 'simplify' credit app for retailers
Crest Financial, a Draper, Utah-based "No Credit Needed" financing company, has announced a partnership with financial kiosk provider Versatile Credit in an effort to provide faster and simpler credit approvals.
Versatile's self-service kiosk will combine Synchrony and Crest Financial applications to provide approval "in seconds," the Crest Financial announcement said. Versatile's kiosks offer waterfall capabilities that transfer consumer information from one form to another, a feature designed to simplify and expedite the application process. Crest Financial approval rates are 90 percent, and retailers typically gain a 20 percent increase in applications from using Versatile kiosks, according to the new release.