123 Remortgage Leads - Ok Credit = £52 per lead.

[123debtsolutions]

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123 DS is now accepting Remortgage Leads.

Remortgage Leads - Requirements are as follows :

• Loan Levels : Min £20,000
• Minimum Income of £18,000
• Must be a home owner.
• 95% (LTV) Loan to Value.
• Credit Rating to be Ok, Good, or Excellent (Not Poor)
• Must be a resident of England, Wales & Scotland Only

Payout is £52.00 per lead. (+ £10 is you can get part 2 (Long Form) of the application)

NO Quotas, No weekends off...

[abc]

123 DS is now accepting Remortgage Leads.

Remortgage Leads - Requirements are as follows :

• Loan Levels : Min £20,000
• Minimum Income of £18,000
• Must be a home owner.
• 95% (LTV) Loan to Value.
• Credit Rating to be Ok, Good, or Excellent (Not Poor)
• Must be a resident of England, Wales & Scotland Only

Payout is £52.00 per lead. (+ £10 is you can get part 2 (Long Form) of the application)

NO Quotas, No weekends off...

Is it I-frame/link or manual input?..

I have a friend that has a friend that has a friend.. who collects the info on forms which inclue the fields..

1. Property Postcode: xx
2. Property Value: £ 235,000.00
3. 1st Mortgage Balance on Property: £ 112,500.00
4. 1st Mortgage Monthly Payment: £ 0.00
5. 1st Mortgage Interest Rate: 0.0
6. 2nd Mortgage Balance on Property: £ 0.00
7. Additional Cash You Wish to Borrow: £ 13,750.00
8. CCJs, Arrears, Bankruptcies, or Bad Credit?: false
9. Gross Annual Income: £ 0.00
10. Current Monthly Debt Payments Excluding Mortgage: £ 0.00
11. Occupation status: Employed/Self-employed, provable income
12. E-Mail Address: xx
13. Date Of Birth: 8/3/1967
14. Name: xx
15. Address 1: xx
16. Address 2: xx
17. Address 3: xx
18. Postcode: xx
19. Daytime Phone: xx
20. Evening Phone: xx
21. Mobile Phone:
22. Best time to call: Weekend
23. Agreed to privacy statement: on

Sometimes all the information is filled in sometimes it is not as the fields are not mandatory..

would u be interested in some of these leads..

these are generated at super affiliate level in volume and 100% SEO..

Rick

01772 797957

[123debtsolutions]

Hi Rick

Nice to hear from you. We don't allow manual insert.
All leads generated must be auto collected by an iFrame/Autofeed script or CC of existing enquiry form.
We must receive the lead in realtime to honour the 100% acceptance policy.

Sample criteria : Remortgage Leads

Any questions give me a call or email me

[JayFCF]

Hi Lee,

£52 a lead?

Pretty good that mate.

Can I ask what you mean by "ok credit"??

Having worked in the finance industry for some years I'd say around 90% of the clients I have spoken to reckon their credit is "ok" lol!!

Say for an example ok means 1 missed but it was 8 months ago that wouldnt be ok credit that'd be poor as it'd have to go to an adverse lender.

A default? - Still the same adverse lender only
CCJS? - Same applies

Reason i ask is if I pass you a lead that is "ok" it will fit with a lender but not a highstreet one. meaning more proc fees and broker fees for whoever signs it up.

Prime is Prime
Adverse is Adverse

Not too sure where "ok" fits!!

Cheers mate

[123debtsolutions]

Sorry about the delay. Not like me, but I have been so damned busy. Thanks to introducers. Wow, you guys really can do the business.... lol

Pretty good that mate.

Thanks.. It may become more, we are made up with the response. Keep watching...

Can I ask what you mean by "ok credit"??

Not Poor. Prefer Good/Excellent.

Having worked in the finance industry for some years I'd say around 90% of the clients I have spoken to reckon their credit is "ok" lol!!
Say for an example ok means 1 missed but it was 8 months ago that wouldnt be ok credit that'd be poor as it'd have to go to an adverse lender.

I prefer less than 1 missed mortgage payments within 12 months. But we can take up to 2 missed within 12 months.

A default? - Still the same adverse lender only
CCJS? - Same applies

No real problems with them as long as no more than £10k, I think..

Any more specifics let me know.
But you should know that we try our best with each and every lead submitted to our database. Therefore if it doesn't meet Remo eligibility we will try for another service and you will still be paid.

Reason i ask is if I pass you a lead that is "ok" it will fit with a lender but not a highstreet one. meaning more proc fees and broker fees for whoever signs it up.

That is a perfect lead

Prime is Prime
Adverse is Adverse
Not too sure where "ok" fits!!

A client/enquirer doesn't know whether they are prime or not. Therefore we/affiliates have to deduce this ourselves by asking them probing questions. lol....
Begin delivering your leads to us and you will see.

PS.. Online generated leads only.
All leads must be automatically generated via a web site.
You can use : Auto-feed script, iFrame or CC existing Formmail.

[Michael_Anthony]

Lee, no offence mate but at that CPA your merchant is going to be with you for as long as it takes him to calculate his losses - usually it's about three months.

You will no doubt be astounded with your volumes at this CPA - the reason is because it's too high for the merchant to profit from, and much higher than any other equivalent offers in the marketplace. If you are paying more than twice anyone else's average then you/your merchant have your sums wrong.

This "rape and pillage" approach ultimately destroys your reputation and damages your ability to sign up other merchants in the future.

I say this not to knock you, but to help you - you're doing the right thing by diversifying away from just DM/IVA's but the CPA's have to work for the affiliates AND the merchants over the long term. This one won't.

[123debtsolutions]

Hi Michael

Thanks for your comments. You know how good I am with merchants, that's why you want me... lol

You also know that the merchant can only sustain such high payouts if they are getting the return on investment and believe me my merchants are... lol...

You see it is all about the personal service, the quick payout , the ability to call the client and verify/schedule specific call times... Yes this comes at a cost but if you get paid on day 1 and you have phone lines and a UK office then anything is possible

My reports thus far are tremendous. I have established four new relatiohsips this week, admittedly 2 only on trial and, 2 to begin on Monday but nevertheless business couldn't be better and there is a lot more to come.

Make no mistakes about it I am very much focussed in the IVA/DM market and this market is booming right now more than ever.

Ps.. Trialling a 2nd remortgage company as we speak and of only 25 leads thus far they are already talking unlimited quotas...

For affiliates details of the new program will be released at the end of the trial.

Good luck all

[Michael_Anthony]

I've bookmarked this thread for review in three months - time will tell.

[teabags]

The market for me has moved from secured lending to Re-Mortgage, brokers are finding it harder to place bad adverse secured, so this near prime “OK credit” had now been invented.

Many affiliates who I work with are moving into this market, converting their secured sites into re-mortgage, and it is working.

May only be a short term plan, but at the moment I am getting a better return on re-mortgage than secured.

BTW Lee, you have lasted longer than I thought you would, you must be doing something correct.

Teabags

[Michael_Anthony]

Agreed - near prime, or light adverse as some call it, it the flavour of the month. With some adverse secured lenders now reducing max LTV's to 50%, it's only the balance sheet lenders and really huge master brokers who can still place the business.

Good job the bulk of our merchants fit this category

For all this talk of "the credit crunch", we've never been busier, although the disappearance of the other pay per lead programs on regular networks tells a story. Just the last 3 months has seen Freedom, Norton and Loan Line leave the non-AMS/LCH affiliate market, and the removal of Leadbay loans from Smart Quotes is just another example of how tough it is getting for our competitors.

In all these cases, it was the combination of short, poorly qualified application forms and greedy, volume focused network/media agency attitudes that killed the deals.

How can you offer advice on how to make a finance merchant's program perform better without any real understanding of their business, and when half your mind is focussed on the next meeting, where you have to put together a creative for a mobile phone brand, and with that upcoming pitch to "Dog Foods for Lovers.com", or some other ridiculous non-existent niche that will sell £10k/year if you're lucky??!!

Lee has a good attitude and does seem to understand that the merchant needs to make money, so I for one feel that he will do better than most, even if the upcoming reduction in IVA fees is gonna pinch.

[teabags]

Michael, I know we have not seen eye to eye over things in the past, but let me give you a little advice for what its worth to you .

Every secured/mortgage broker/lender in the country is suffering due to the credit crunch, most have cut staff levels and cut advertising accordingly. The bigger the broker the harder is it to turn, but even the biggest needs to cut the cloth, or they simply will not survive. So you will see your own school quotas falling once these brokers have managed to turn to port.

Only a few of these master brokers have their own unique secured products, which are now so heavily restricted/limited they are not worth bothering with.

This is the advice: - If your brokers are asking you for more and more leads, like you make out. They are on the way out, they haven’t tried to turn ship in the new direction, they have the attitude of, this has always worked for us and will soon run aground.

I also think your comments about networks/media agencies is also way of the mark, they will get the brokers back when in charmer waters. They will survive with the likes of “dogfoods for lovers.com” and buy in the experience they need to run finance merchants. Thing is, if you lost LCUK, or the media agancy decided to merge with a network, how would you survive?

Teabags

[AndyWallace]

Say for an example ok means 1 missed but it was 8 months ago that wouldnt be ok credit that'd be poor as it'd have to go to an adverse lender.

A default? - Still the same adverse lender only
CCJS? - Same applies

Not necessarily. There are high street lenders that will consider these circumstances. Abbey, Alliance & Leicester, Chelsea Etc Etc.

To automatically place someone with a specialist lender because they have a credit default is bordering madness, in my opinion.

Andy.

[co-co nut]

Your wrong Michael, it is not just the balance sheet lenders & master brokers still writing the business. It's the experience within the brokerage that counts, not just the size. We are a medium size brokerage with very experienced individuals who are adaptable to the changing environment. There are lots of brokers pulling out of the marketplace & master brokers having to lay off considerable amounts of staff. It is at this time that affiliates need to listen to relevant feedback to enhance the earning potential for all. Something that Lee at 123 does extremely well!

[123debtsolutions]

Wow, a lot to respond to.. Im sorry I am not getting the time to login everyday.

Ok first Teabags..You're so right... Many introducers are switching on/over to remortgage lead generation. It pays well, leads can still be converted and this seems to be a safer more promising market.(For the time being)
Thanks for your kind words (I think).

Michael.... don't know if I agree with you but im sure you know what you're doing. Thanks for the good words.

Jay.... I would have thought 1 missed 8 months ago would class as ok, until you add CCJs and defaults.

Co-co nut..Thanks, we try our best for all parties.

[Michael_Anthony]

Lee - if you guys are so brilliant, what happened to your "amazing" Secured Loan deals, all of which seem to have lasted less than one month?? I wonder if the "amazing" remortgage deal will do the same way? (Actually, I don't wonder, I KNOW).