Florida dealership launches AI-based captive lending
Karus provides AI- and ML-based underwriting model and portfolio management
Used-car retailer HGreg has launched captive financing through a partnership with artificial intelligence lending platform Karus. Florida-based HGreg is leveraging Karus’ proprietary AI and machine learning (ML) underwriting model to score and price borrowers, Karus Chief Executive and co-founder Aaron Travis told Auto Finance News. The model uses data from auto loans originated over the […]
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