Once you set up the financing plans you can now estimate the monthly payment based on those plans you have set up. As we discussed in this related article, the only lender with which you would have to make a plan selection is GreenSky, so this is also the lender with which you can estimate the monthly payments using your Credit for Comfort app. In addition to GreenSky, Marlin also allows for payment estimation based on their 2 most popular terms. However, this lender does not require you to set up plans prior. Let's discuss this in more depth:

a) Estimating monthly payments with GreenSky

b) Estimating monthly payments with Marlin

a) Estimating monthly payments with GreenSky

  1. From the Home screen, please select Estimate and Apply

  2. Input a loan amount and select GreenSky as the financing option. You will now be able to see the different estimated monthly payments based on the plans you have previously set up.

  3. Select a plan and hit Next or send an Easy Link

  4. Your customer will be able to proceed to fill out the application on your device if you have hit Next or will receive a text or email with the link to get started if you have sent an Easy Link instead.

  5. Once the application is filled out and the consumer has agreed to the terms and conditions, a financing decision will be made in a matter of seconds!

  6. When approved, the consumer can accept the offer right away, but if this is not the case, the offer will be available for 30 days and you will be able to go back to the offer at a later date and accept it then. All offers can be found under Leads and History.

b) Estimating monthly payments with Marlin

  1. From the Home screen, please select Estimate and Apply

  2. Input a loan amount and select Marlin as the financing option. You will now be able to see the estimated monthly payments based on Marlin's most popular terms (36 and 60 months). These 2 terms are meant to be informative, but neither you nor the consumer will have to select one in order to proceed.

  3. Please hit Next or send an Easy Link

  4. Your customer will be able to proceed to fill out the application on your device if you have hit Next or will receive a text or email with the link to get started if you have sent an Easy Link instead.

  5. Once the application is filled out and the consumer has agreed to the terms and conditions, a financing decision will be made in as little as 15 minutes, but it can take up to 4 business hours. Both the consumer and you will be notified by Marlin through email once a decision is made.

Now that you know how to start the conversation with your customers and discuss what estimated monthly payments you have available, you are ready to get out there and close some sales with your Credit for Comfort app!

Related Articles:

Prequalification with GreenSky

Apply for Financing with Fortiva

Easy Link

Leads and History

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