Since September 2018, 240,000 pre-analyses for car financing have already been undertaken
To offer a seamless an experience as possible, Banco RCI Brasil has reduced the number of data items used to generate the credit rating of each customer to six, with the service available directly via a mobile application. It now takes one minute (instead of 30) for sales advisers at dealerships to let customers know whether their financing request will be approved. And so the customer knows, when making the down-payment, whether their contract will be approved.
This pre-analysis a key advantage in the highly competitive Brazilian market, and is also a major innovation. Only two financing companies currently offer a similar service in Brazil.