American Credit Acceptance Adopts New Tool

By Staff Writer July 26, 2021

Point Predictive, an AI company, announced that American Credit Acceptance has adopted its Auto Fraud Manager solution to automate and improve the lender’s funding stipulation decision strategy and keep fraud exposure reliably low. As new origination volume remains robust, many lenders have an opportunity to safely and profitably grow their auto loan portfolios by intelligently automating stipulations at the point of application. With Auto Fraud Manager, American Credit Acceptance (ACA) will leverage Point Predictive’s industry-wide consortium data approach to safely expand its dealer network and ensure trust across its portfolio.

“American Credit Acceptance is investing in advanced technologies to deliver a low-friction borrowing experience to as many car buyers as possible,” said Pardhav Lingam, vice president of business analytics at ACA. “Since a large portion of our lending is indirect, it is critical that ACA adopts a stipulation strategy that enhances the experience for trustworthy borrowers and helps us maintain a strategically-aligned dealer network to achieve positive outcomes for everyone in the auto finance ecosystem.”

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Last modified on Thursday, 29 July 2021 14:01