Wednesday, May 8, 2024

‘Black box' auto finance decisions can complicate dealer lender choice

‘Black box' auto finance decisions can complicate dealer lender choice https://ift.tt/21D7axC

Lenders ditching traditional rate sheets and adopting new underwriting models for considering car loan applicants presents a challenge to car dealership finance offices, leaders at FinBe USA and Axos Bank say.

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