Playbook: Best Practices for Risk-Based Pricing in Auto Lending
- Pricing
Today, many aspects of the car-buying process have become much more modern, especially with new mobile and digital capabilities. Yet at the same time, the lending process still feels like it did 10-20 years ago.
This playbook will describe the challenges caused by existing, “status quo” pricing models while also highlighting how a new analytics-driven approach to risk-based pricing using machine learning can help auto lenders achieve their most critical goals.
The playbook also outlines five important steps any auto lender can follow to use machine learning and other modern technology to implement a true analytics-driven risk-based pricing strategy.
Download the playbook now to uncover it all.
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