Case Study: MCMC Auto increases approvals and automation with Scienaptic AI

Enabling better Auto Loans at no added risk with AI

MCMC Auto, a leading car dealer and BHPH financing company in Texas, faced the challenge of wanting to expand credit access to more borrowers without increasing its risk. Their manual loan process caused delays and resulted in a high number of denied applications due to an incomplete assessment of customer risk. They partnered with Scienaptic AI to overhaul their decisioning setup and automate the process.

Scienaptic AI implemented its AI-powered credit decisioning platform, which integrated seamlessly with MCMC's existing systems. By leveraging alternative data for a more comprehensive risk view, the platform automated underwriting to provide instantaneous credit decisions. This solution from Scienaptic AI led to a 21% increase in credit approvals, a 15% reduction in credit losses, and a 63% increase in automation.

MCMC Auto

Phillip Thomasson

Director of Finance and BDC