Modernizing Document and Income Verification in Auto Leasing with AI
AutoSuccessOnline
AUGUST 16, 2024
Since the car is not owned by the lessee, the lessor needs assurance that the lessee will reliably fulfill their payment obligations throughout the lease term. Unlike buying, leasing involves the lessee using an asset that the dealer or the lender still owns. This difference requires stringent credit requirements for lease customers.
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