Rate Check

Convert customers like a neobank

Customers expect to be able to check rates in under 2 minutes, before going through a lengthy loan application 

Customers expect to be able to check rates in under 2 minutes, before going through a lengthy loan application 

Increase online application conversion by 40% and decrease your origination expense

Achieve 25% cross-sell for leads using AI cross-sell module with proprietary data on credit and spend history

Unleash growth by enabling API connection for leadgens, marketplaces, and affiliates to send lead

How it works

Plug-n-Play Rate Check sits on top of your online application and is used by 30+ banks and credit unions

Enable “Check my rate” button on existing application page for auto & personal loans, credit cards, HELOC, and small business loans
Customer inputs their information to check their rate (no SSN needed)
Customer sees pre-qualified offers based on bank’s credit eligibility and rate grid
Customer makes their selection and they are re-directed within bank’s current digital experience

Flexible and easy to get started

  • Select from over 150 credit attributes, all three bureaus supported 
  • Self-serve portal to change credit eligibility, rate grid, and footprint using portal or csv files 
  • 3rd party integration for income, LTV, and identity verification 
  • Customize branding and disclosures
  • Plugn-play integrations to over 15 core platforms (Fiserv, Jack Henry, MeridianLink, Temenos) 
  • API access to your banking products by fintechs, POS, leadgen, marketplaces     

Use Case

Auto refi lender improves conversion by 50%

“We had high engagement with digital channels – search and social media – but it wasn’t converting to applications. Once we added Plug-n-Play Rate Check to our online application process, we saw a 40% increase in booked loans.” 

– CLO, $400 million Credit Union in Texas


Consumer loan shopping behaviors have undergone a major shift. The rise in fintechs and digital banks who provide a seamless, transparent experience – like getting a pre-qualified rate before submitting an application – has cut into market-share that was historically dominated by credit unions. Our client, a credit union in Texas with over 20,000 members and $400 million in assets, had already invested in digitizing their offering. While their digital marketing efforts led to increased engagement, conversions were stagnant at 40%.


The client implemented Plug-n-Play Rate Check in about 4 weeks, including configuring eligibility, footprint, UI, disclosures through Konduit online portal. The bank used CSV to upload credit attributes and make selections for their auto refi product. Plug-n-Play sat on top of their existing MeridianLink online application. Within a month they saw results, with conversions rising to 60%. By improving transparency and aligning with consumer behaviors, our client successfully upgraded their members’ experience and increased digital loan volume.

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