New Iframe £10 for unsecured leads (inc non home owners)

[Steve Jennings]

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Hi All

Long time no post, apologies absolutely chocka!!!

Just a quick one to let everyone know the latest version of our iframe is now live, it's a multi product form that allows affiliates to generate Unsecured, Secured, IVA, Debt Management leads.

Commissions are:
Secured Loan £10k+ = £125
IVA £15k+ = £100
Car Finance £5k+ = £30
Debt Management £5k+ = £15
Unsecured Loan £1,500-£15,000 = £10

All the usual features e.g. sub id's to track multiple sites/campaigns/creative, you can re direct the thank you page to one on your site and we pass the product type and commission amount, and there's the ability for you to point the form at your own style sheet etc

We've also got a single product (unsecured) short form that pays £3.00 per lead (latest version of this one will go live Tuesday).

All figues are + vat if you're registered.

If you're interested you can sign up at http://affiliate.marketrixuk.com/affsignup.php or any questions etc please feel free to get in touch.

Many thanks

[marky]

Hi Steve

Not often a finance post is so comprehensive !

What is the difference between the unsecured (composite form) at £10/lead or the stand alone form at £3/lead ? is it just one is a short form(£3) and the other has the opportunity for cross sell?

Also, what are the validation / decline ratio/ crietria on these please ?

Am sure a lot of people will be interested in your unsecured at £10

Will take a look later

Many thanks

Mark

[Steve Jennings]

Cheers Mark

The short form is basically a single page that collects basic contact info (name, address, tel nos and email), loan amount, purpose etc.

The full form takes a full loan application and as you say allows for cross/up sell to a more suitable product, e.g. in the past if we took an unsecured loan lead from a non home owner with a poor credit history that was looking to consolidate £20k the chances as they'd speak to an adviser in a call centre and end up looking at a different product altogether e.g. debt man, iva or similar.

We're aiming to circumvent the call centre and pass the cost saving on to the affiliate by either pre qualifying the applicant for another product or getting enough info online to complete the processing of the loan application.

In terms of validation we try and automate the whole process as much as possible so you'll know straight away, as soon as the lead is generated. I appreciate affiliates need accurate and timely roi info, and in the long run it's can only be of benefit to us to be as transparent as possible. As a general rule if you generate it and it's not a duplicate lead you'll get paid for it.

We tend to work with a small team of top notch affiliates most of whom I've dealt with for years so to be honest tend not to have any issues with quality. The only model I don't prescribe to generally is allowing affiliates to complete the form themselves, I know this works well for some, but it's not something I've much experience with and so with the potential exposure tend to steer clear.

If the system automatically invalidates a lead it will still show that a lead has been generated but show a £0 commission, and you'll have an lead ref# so you can always get in tough and clarify what the issue was.

[marky]

Thanks Steve .. am not interested in filling out any forms thank you the beauty of this induustry is the level of automation you can achieve! I guess like a lot of people in this space the volume of unsecured leads generated makes you keep your eye out for a better deal. We currently outsource the packaging of secured loans elsewhere though want to do something better with the unsecured/tenant leads we currently get.

Really what I was getting at is what % of leads are not validated/ accepted and why ?
If a duplicate enquiry, how long is the period considered for it to be paid as a new enquiry etc type questions ?

Anyway, thanks once again & I'll check out the site in a bit

[teabags]

Hi Steve

What happens with a tenant who wants a loan for a holiday, do I get paid £10 for that lead as well? or a tenant who wants £3000 for a car, how much do I get paid then? Still £10?

Seems like happy days to me if this is the case.

Teabags

[Steve Jennings]

Yep £10 for any unsecured loan application between £1,500 and £15,000, home owner or tenant.

In terms of duplication we check within 28 days, otherwise it's a valid lead.

[internet-laptop]

Hi Steve,

Don't get me wrong. Thanks for signing me in your programme, greatly appreciated. But I looked at the commission table, why it indicated that the unsecured is pay for only £3.50? exclude VAT

Teo

[Steve Jennings]

Hi Teo

Sorry the text on the affiliate log in screen hadn't been updated, it has now.

Cheers