Best Credit Report Provider 2018 Launches Personalised Top Offers for Customers
TotallyMoney’s 250,000 customers now have access to individually tailored credit card and loan offers selected to match their Borrowing Power. The unique credit eligibility Borrowing Power algorithm helps customers unlock the best credit offers that are available to them.
TotallyMoney, named Best Credit Report Provider 2018 in the MoneyNet awards, unveils the intelligent ‘Latest Offers’ feature of their free credit report service.
Driven by the company’s unique Borrowing Power algorithm, Latest Offers are updated each time the customer logs in to provide the most up-to-date picture of their best credit options.
The Latest Offers, let the customer know the best products they could be accepted for – the longest 0% balance transfer offer, longest 0% purchase offer, or best rewards card for example.
And customers with a low Borrowing Power and limited options see details of carefully selected products designed to help them build a better credit history and strengthen their financial situation.
“Borrowing options are often complex and the choices presented confuse most consumers" says TotallyMoney's Chief Product Officer, Anna Kuriakose. "By blending extensive knowledge of the credit market with a deep understanding of consumer needs, we are making borrowing decisions easier for our customers. The new feature makes it easier for customers to find the best credit to meet their needs.”
Award-winning Credit Report Provider
The Latest Offers feature adds value to the free credit report, launched in September 2017, that has already attracted more than 250,000 customers. The service set new standards for credit reports and was recognised at the MoneyNet awards when TotallyMoney was named Best Credit Report Provider 2018.
Andrew Hagger, Chair of the MoneyNet Awards judging panel said: “TotallyMoney provides a vital service for consumers, offering them a regular update on their credit score and credit report – delivered directly to their inbox every month for free.
“As part of the service customers also receive a unique Borrowing Power report which pinpoints credit cards that they are eligible for and have a good chance of being accepted for without leaving a mark on their file.
“It's important that consumers are given the right tools to help them understand and improve their underlying financial situation and TotallyMoney delivers on both fronts.”
The TotallyMoney credit card comparison platform with built-in eligibility pre-screening now powers the Confused.com comparison tables.
TotallyMoney is making credit better by putting customers in charge of their data and helping them make smart borrowing decisions.
It provides customers with a free credit report and live score that puts them right at the centre of their credit file information and helps them take control of their finances.
TotallyMoney’s unique Borrowing Power algorithm shows customers how likely they are to be offered credit by real-world lenders.
TotallyMoney is an independent credit broker, not a lender. It provides a free comparison service to customers, though they may be paid a fee by lenders. How much they get paid doesn't influence how the service works or the ranking of any credit products presented to customers.
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TotallyMoney believes people’s financial data should work for them, and not against them and with more than four million customers, they provide the UK’s only free, live credit score and report.
Its service helps customers understand their financial position and provides personalised recommendations so they can start creating financial momentum. TotallyMoney also works closely with leading lenders, to ensure eligible customers are matched with the right products, underpinned by its robust data, product and tech capabilities.
TotallyMoney is regulated by the Financial Conduct Authority (FCA).