How does Pepper Product Selector work?
Pepper Product Selector (PPS) works by combining some simple information about your client together with their credit history information to provide a potential Pepper Money product in the form of an Indicative Offer. You will need to obtain your client’s consent, as their credit history will be automatically obtained by the tool via a Bureau credit enquiry, which will leave an enquiry on their credit file but will not impact their credit score.
Particularly for clients whose needs may be more difficult to fulfil, Pepper Product Selector helps with searching for and identifying the right product for a client.
With an Indicative Offer at your fingertips, you can confidently continue the conversation with your client knowing there is a genuine solution available for them (subject to and application being submitted and assessed. Credit lending criteria apply).
*An indicative offer is not a formal approval for a loan and financial commitments must not be entered into based on it. It is not a suggestion or recommendation of any particular loan product. It is a guide only based on the limited information provided and the credit score obtained. An indicative offer is valid for 30 days. The actual interest rate and fees will depend on the borrower’s circumstances and the information verified during the loan application assessment.