The report was easy to read online and printed out credit report free no credit card Virginia nicely. And at a cost of $5 ($8 without a VeriSign certificate) the report is a good value. It took about five minutes to enter all the necessary data and receive the report. It would take a bit longer to answer a few additional questions if you don’t have a VeriSign certificate. We were surprised to credit report free no credit card Virginia hear from QSpace President, Ike Eze, that he hasn’t had much interest from banks wanting to distribute QSpace/Experian credit reports online. Though we haven’t done due diligence on QSpace’s security procedures and service quality, Experian seems satisfied with the company’s user authentication and delivery methods. The first financial institution that credit report free no credit card Virginia offers credit reports online will create quite a buzz in the marketplace. QSpace will share revenues with financial institution partners.
The service could be offered co-branded or completely private branded.
The company is especially interested in strategic partners that could credit report free no credit card Virginia help build the QSpace brand and/or deliver significant volume. only free credit report This could be a good time to cut a favorable deal. The current $5/$8 price may not generate an abundance of fees to share.
But the company has a subscription product in development that is expected to be priced in the $50 range, competitive with Cendent’s PrivacyGuard (see table on p. 10), marketed at $59.99 per year after the three-month $1-trial period. A hypothetical bank/CU with 50,000 unique Web visitors might bag 2,000 subscribers over a 12-month credit report free no credit card Virginia period.
Assuming 20% revenue sharing from QSpace and a $50 annual subscription price, that amounts to only $20,000 in the first year. But subscription-based businesses are all about building a base over time.
Assuming a 75% renewal rate and continued growth of 2,000 new subscribers each year, by the end of year five the service would be generating $60,000 in annual profits. true free credit report Plus it will credit report free no credit card Virginia help drive new business to your Web (at least while it is a novelty), increase customer retention and boost loan cross sales. Comments (0) Send Post Email this entry to: Your email address: Message (optional): Categories: Credit Reports & ID Theft Protection , Qspace
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