Monday, April 22, 2019

Bob’s Discount Furniture takes second look at credit declines

Chain Store Age
Bob’s Discount Furniture is leveraging the omnichannel second look financing solution from Fortiva Retail Credit to approve more consumers for credit. Fortiva’s technology includes deep underwriting and a seamless omnichannel application process that provide a credit option between prime financing and leasing-to-own.

When a Bob’s customer is declined financing from a prime credit provider, their application is instantly processed by the Fortiva solution. Using data aggregation and consumer performance tracking, Fortiva Retail Credit can approve customers based on factors beyond their credit score.. . . more