To fix dealerships’ car loan errors, collect data

Auto retailers continually make the same errors in deal jackets in part because lenders aren’t giving them specific data on the problems, according to Jessica Gonzalez, director of winning strategies and account management for artificial intelligence deal verification provider Informed.IQ.

Telling a dealership, “I really need you to start submitting clean deals” can be ineffective on its own, Gonzalez says. “Without that concrete information, it’s kind of putting a finger in the…

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