Case Study: a publicly traded auto lender achieves 93% cost reduction in loan origination with Distyl AI

Publicly Traded Auto Lender cuts loan origination costs by 93% with Distyl AI

The customer, a publicly traded auto lender, faced a significant challenge in its loan origination process. Analysts were manually reviewing over 50,000 applications each month, a slow and inconsistent process that involved cross-checking numerous documents and took eight hours per approval. Distyl AI was engaged to address this inefficient and error-prone manual verification.

Distyl AI built a document intelligence system that automated the ingestion and analysis of application documents. This solution extracted data, verified consistency across sources, and flagged potential fraud, drastically reducing the manual workload. The results were transformative: the system went live in just one week, achieved a 93% cost reduction for loan origination, and delivered a turnaround time of five minutes.