In this episode, Rapid Recon Founder and CEO Dennis McGinn speaks with Carlos Chaves of Tricolor Holdings.
They discuss how Tricolor has developed a proprietary AI-powered risk model that effectively segments the credit- invisible consumer and helps that customer build credit.
Tricolor is a U.S. Department of the Treasury certified Community Development Financial Institution (CDFI) and a mission-driven company that leverages its direct-to-consumer, AI-powered platform to provide the underserved Hispanic market with high quality, affordable used motor vehicles and financing. It utilizes advanced data analytics and technology to advance financial inclusion to a highly underserved market and offer responsible, affordable, credit-building auto loans to individuals with no or limited credit history.
For more from Rapid Recon, visit rapidrecon.com.
For more Your Place episodes, where McGinn welcomes guests to chat about retail automotive markets, strategies and insights, click here.