What is VeriQual™?
Identity Verification + Credit Prequalification
VeriQual is FlexPath DXP's patent-pending technology for turning an anonymous website visitor into a verified, credit-qualified shopper – starting from nothing but a mobile number.
The problem with the legacy form
Traditional credit prequalification tools open with a wall of fields: first name, middle initial, last name, suffix, street address, ZIP, city, state, home phone, cell phone, email – and that's before anything useful happens. Every field is a place to abandon, and most shoppers do.
VeriQual asks for one thing: a mobile number that can be used to verify identity with a text message. From there it establishes who the shopper is and returns real financing options tailored to their budget.
How it works
1. Verify
The shopper enters a mobile number and confirms it by text. That single step establishes identity without an interrogation.
2. Prequalify
A soft credit inquiry returns the shopper's real credit profile. This process does not affect their credit file.
3. Match
Verified identity plus real credit data plus your live inventory produces payments the shopper can actually get – not a monthly-payment guess.
Why the numbers move
Because the shopper is verified and prequalified rather than merely interested, the lead your team receives is qualitatively different: it carries a real credit profile and a real budget. Fewer fields also means dramatically less abandonment.
Patent-pending
The VeriQual identity-verification and credit-prequalification method is patent-pending. VeriQual™ and VeriQual PROTECT™ are trademarks of FlexPath DXP.
Where you can use it
VeriQual is the engine underneath every FlexPath DXP product – it isn't a separate thing you buy. It powers Get Pre-Qualified, Single Vehicle Prequal, and Shop-By-Payment, and it travels off-site through QR Codes and Salesperson Attribution.