Dealers, lenders say AI decisioning leads to inaccurate digital auto retail quotes

πŸš— 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.

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