Karus is the AI Engine for consumer auto finance. Co-Founder and CEO Aaron Travis and Co-Founder and COO Jamie Harrison join Asset Backed host/creator Andres Sandate for a discussion of the consumer auto lending space. Aaron and Jamie discuss how Karus products and solutions help consumer auto lenders achieve better financial outcomes with cutting-edge AI tools and data analytics.
Consumer auto lenders face numerous challenges including
- manual underwriting & app review
- unsophisticated loan structures & pricing
- lengthy and outdated loan origination processes
- suboptimal lending strategies & decisions
- lack of real-time portfolio performance, predictive analytics & current market pricing capabilities
- inability to manage app flow sources and more.
Aaron and Jamie discuss how their platform helps those active in the auto finance marketplace including indirect lenders, banks, credit unions, private credit firms, asset managers, and more enhance and optimize their existing consumer auto finance underwriting, decisioning, scoring, structuring, pricing, approval, forecasting, Creators & Guests