How AI Technology Helps Reduce Bias in Auto Loans

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WardsAuto Dealer F&I Monthly


	JULY 20, 2023

How AI Technology Helps Reduce Bias in Auto Loans

AI in consumer lending can reduce bias and eliminate risk for borrowers and lenders alike. It can improve lending profitability and reduce the risk of loss. It can enhance borrowers’ ability to get manageable terms and reduce the risk of default.

Few Signs of Relief From Insurance-Premium Inflation

Anyone trying to lay the cost of insurance premiums squarely on the auto industry’s doorstep needs to realize many other factors are in play, too.

JM&A Offers Scholarship Program for Women in Automotive Retail

The program exposes participants to critical areas in F&I, Fixed Ops and sales.

The Waiting Is the Hardest Part

Dealers must speed up F&I, sales processes to win over consumers, a CDK study suggests.

Used-Vehicle Values Hit Pothole

The Manheim Used Vehicle Value Index ended the first half of 2023 down 10.3% from a year ago.

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