When It's OK to Get Personal
In this age of credit scoring and automated lending decisions, it may seem that car-loan applicants' individual stories are beside the point. They're not, says Richard Costello, national finance and insurance executive for Zurich North America. Detailed personal customer information that dealerships provide to financial institutions can sway whether an auto loan is approved or rejected, he says. Paint
In this age of credit scoring and automated lending decisions, it may seem that car-loan applicants' individual stories are beside the point.
They're not, says Richard Costello, national finance and insurance executive for Zurich North America.
Detailed personal customer information that dealerships provide to financial institutions can sway whether an auto loan is approved or rejected, he says.