Versatile Credit Adds EasyPay Finance Option

Aug. 13, 2018

Versatile Credit Inc. has added the EasyPay Finance option to its list of platform offerings. The "second look" option focuses on offering financing solutions to the automotive market.

Scott Vertrees, CEO of EasyPay Finance, said his company’s services are aimed at helping automotive service and tire retailers provide their customers with the financing they need to keep their vehicles on the road.

"The Versatile Credit and EasyPay Finance partnership will now benefit Versatile Credit shop owner clients who have been waiting for a robust, non-lease secondary and tertiary finance option for their non-prime customers" he said. "With EasyPay offering multiple rate tiers, every applicant is offered the best rate for which they qualify."

Kevin Lawrence, vice president sales and marketing for Versatile Credit, said the addition of both EasyPay Finance and PayTomorrow, which specializes in providing options to customers of jewelry retailers, strengthens Versatile Credit’s position in the automotive aftermarket.

"We understand how critical having second look options can be to both automotive and jewelry retailers. These programs are tailored to customers with credit and those without.”

Using the Versatile Credit system, customers privately enter their financial data into a kiosk, handheld tablet or a retailer’s own computer. The process takes only a few minutes. Versatile Credit’s Web Cascade sends the digital data to the retailer’s primary lender. Decisions are returned in seconds.

Denied applications are shared with second-look and no-credit-required options. This process can reduce overall denials by 40%.

Among all big-ticket retailers using the system, applications are increased by about 20%, generating an average approval amount of $4,000, said the company. Versatile Credit is in use in thousands of retail stores across North America.

Since 2007, Versatile Credit said it has facilitated more than $20 billion in approved retail credit

For more information about Versatile Credit, visit or