Battery electric vehicles are the industry’s big bet on a zero-emissions automotive future. New EVs are popping up left and right, hoping to court a broader range of customers who would’ve otherwise bought a gas-burning car. However, there are a few companies (three of them, actually) that are working toward …
Read More »Modeling, alternative data, AI help lenders in pandemic
Assessing the impact of the coronavirus pandemic on a customer’s credit standing is similar to a dean of admissions judging prospective college students: the more information they have, the faster a decision can be made. Likewise, auto lenders’ decisioning processes ascribe values to certain components of a consumer’s credit history, …
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