How Machine Learning Can Make Auto Lenders More Money
Machine learning offers a way to build a more resilient lending business no matter what the economy is doing.
Even in the best of times, maybe especially so, auto lenders need credit risk models that can see around corners. Machine learning (ML) is proven to outperform traditional credit scoring by predicting borrower outcomes more accurately.
The increased predictive power of ML can be used in several ways, in good times and bad.
Get the eBook for the three biggest ways switching to ML underwriting can make auto lenders more money.