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What could go wrong??? Ford To Abandon "Traditional Credit Scores" For Underwriting Decisions As Sales Stall
By: capt_nemo in
POPE IV Sun, 27 Aug 17 10:27 AM
So, what do you do when your sales are stalling because you've already financed new cars for every man, woman and child with a credit score north of 500? Well, you simply abandon credit scores in the underwriting process and instead explicitly mandate that your loan officers approve every potential car buyer that walks through the door with a pulse.
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