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Credit Union of Colorado Selects Scienaptic AI’s LendSmart Auto to Sharpen Vehicle Loan Pricing

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Credit Union of Colorado Selects Scienaptic AI’s LendSmart Auto to Sharpen Vehicle Loan Pricing

Scienaptic AI, a leading provider of AI-powered credit decisioning, announced that Credit Union of Colorado has selected LendSmart Auto, a new AI-powered auto loan pricing engine, to transform how it prices vehicle loans for its members. The platform enables Credit Union of Colorado to evolve beyond traditional rate-sheet pricing, which assigns the same rate to all loans within a risk tier, toward a deal-level model that prices each loan based on the individual borrower, vehicle collateral, and real-time market conditions.

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LendSmart Auto integrates vehicle data at the VIN level, enabling granular analysis of depreciation curves, regional resale demand, auction recovery projections, and loan-to-value exposure for every deal. The engine also incorporates Credit Union of Colorado’s own target return on assets, factoring in deal and operations costs, to ensure that optimized pricing stays within the credit union’s established financial parameters.

“In a competitive auto market, the rate we quote is often the entire conversation,” said Chad Wilcox , Senior Vice President of Lending at Credit Union of Colorado . “A tier-based rate sheet cannot tell the difference between two borrowers who look alike on paper but are buying very different vehicles. LendSmart Auto lets us price each deal on what is actually in front of us, so we can reward strong applications with sharper rates and hold the line where the risk warrants it.



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