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Top Nine Reasons Financial Institutions Use Financial Calculators

Equate Financial calculators are a set of user-friendly tools that help engage and convert users on websites and product pages.
They are available in the Australian, USA, Canadian, and UK markets, and are designed to enhance the digital experience and help users make informed financial decisions.

There are many reasons financial institutions use Equate financial calculators.

Here are the top nine:

1. To educate customers about the range of their financial products
2. To show customers how much they can borrow or save with their products: Loan providers can use our financial calculators to show potential customers how much they could save by taking out a loan with them.
3. To showcase expertise and educate clients on a range of financial decisions: Financial advisors can use our financial calculators to demonstrate their knowledge and help clients make informed decisions about their finances.
4. To help customers budget: Our financial calculators can be used by banks and loan providers to help customers budget and track their spending.
5. To assess risk: Financial institutions can use our financial calculators to assess the risk of lending to a particular customer or group of customers.
6. To calculate interest: Banks and other lenders use our financial calculators to calculate the interest that will be charged on a loan.
7. To compare products: Financial institutions can use our financial calculators to compare the features and benefits of the different products side by side.
8. To forecast future payments: Our financial calculators can help banks and loan providers predict how much a customer is likely to repay in the future, based on their current repayment history.
9. To plan for retirement: Retirement planning is a complex process, but our financial calculators can help banks, super funds and financial advisers show their customers how much they need to save to reach their goals.

The bottom line is that there are many reasons why financial institutions use our financial calculators.
They’re a valuable digital tool for educating customers and making sound financial decisions.

For more information about how financial calculators can benefit your business, contact us today.