MCMC Auto Goes Live With Scienaptic AI-Powered Credit Decisioning Platform, Strengthening Its Lending Portfolio

Scienaptic equips MCMC Auto to improve underwriting process and approve more l**** to underserved buyers

Scienaptic, the world’s leading AI-powered credit decision platform provider, announced MCMC Auto has deployed its solution, enabling MCMC Auto to expand its lending portfolio while making car financing options convenient and hassle free.

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Through Scienaptic’s cloud-based SaaS implementation, MCMC Auto gains access to enhanced credit risk signals for every loan application, especially benefiting customers with little or less than perfect credit histories. These risk signals seamlessly integrate with MCMC Auto’s existing loan origination system, MagiLoop, allowing MCMC Auto to further streamline their loan decisioning processes and drive higher automation.

“It is often difficult to align across such great distances, and doing so remotely is an even greater challenge,” said Phillip Thomasson, Director of Finance and BDC, MCMC Auto. “Scienaptic’s team has been very supportive throughout the implementation process, and we look forward to utilizing the AI-powered credit decisioning platform to offer more customers the ability to responsibly purchase vehicles through enhanced decision-making capabilities.”

“Through this partnership, MCMC Auto now has the ability to leverage adaptive AI that enables a more streamlined, efficient loan decisioning process,” said Pankaj Jain, President, Scienaptic. “Our AI-driven credit underwriting platform is helping MCMC Auto to set the example in how auto lenders can improve their capacity to decision their applicants, translating to better finance management without increasing risk.”

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