π Car dealers and lenders are concerned that the use of AI for credit evaluations is resulting in inaccurate initial car payment quotes, reveals a poll by eLEND Solutions. #AutoRetail #AI #Creditworthiness
Ninety percent of car dealers and lenders feel the use of artificial intelligence to evaluate consumer creditworthiness has led to shoppers receiving inaccurate initial car payment quotes, according to a December poll by auto finance software provider eLEND Solutions.
https://www.autonews.com/retail/poll-ai-car-loan-decisions-mean-inaccurate-dealer-website-quotes