How did the Instant Bond Indicator come about?

Private Property South Africa
Private Property Reporter

The challenge that Nedbank are trying to address with the Instant Bond Indicator is to look at customers who are not yet ready to actually purchase a property. They don't have an Offer to Purchase in hand, but what they're really seeking is a good understanding of what Nedbank will be able to give them as far as a loan is concerned. The Instant Bond Indicator is designed to create an environment where they can have a real time scoring on their credit as well as their affordability, and then begin to make a meaningful search when they look for their homes.

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