Announcements

Ford Credit and ZestFinance Team Up to Enhance Risk Modeling, Better Serve Consumers and Lower Credit Losses

Zest AI team

August 25, 2017

Ford Motor Credit Company and ZestFinance today announced the results of a study that measured the effectiveness of machine learning to better predict risk in auto financing and potentially expand auto financing for millennials and other Americans with limited credit histories. As a result of the study’s success, Ford Credit is developing plans to implement machine learning credit approval models to further enhance its consistent and prudent lending practices across the credit spectrum.

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