News

Kiosks furnishing credit for North American Home Furnishing Association

Kiosk manufacturer Versatile Credit has announced a partnership with the North American Home Furnishing Association to allow its partners to utilize Versatile Credit's credit application kiosks.

August 5, 2015

Traditional and tablet kiosk manufacturer Versatile Credit has announced a partnership with the North American Home Furnishing Association to bring its kiosk solution into the home furnishing industry, according to a Versatile Credit press release. The Versatile Credit kiosk allows customers to apply for credit with retailers.

"Versatile Credit provides our members a solution to help their customers gain access to the credit they deserve," said Sharron Bradley, CEO, NAHFA. "And the NAHFA provides Versatile Credit greater access to many of North America's leading home furnishings retailers."

NAHFA currently has 1,800 members representing 7,000 retail locations in North America. Since Versatile already has a partnership with NAHFA's preferred primary lender, according to the press release, Versatile can provide an easier integration for NAHFA members.

The kiosk uses Credit Cascade, which automatically sends credit applications that are denied by primary lenders to secondary lender sources.

"Our kiosk-based solution is so simple to use customers require no assistance from store personnel," said Kevin Lawrence, vice president, marketing and sales for Versatile Credit. "Sales associates are free to spend more time on the floor selling merchandise. Also, we've found when the merchant is not involved in the process customers are more willing to apply for credit and consider sub-prime lending options."