In Wheel Time - Cartalk Radio

Unlock the future of auto lending with AI as we sit down with Tom Oscherwitz, Vice President of Legal and Regulatory Advisor at Informed IQ. Discover how AI is revolutionizing the auto loan process by speeding up approvals and enhancing transparency. Tom breaks down the complexities of auto loans, from credit scores and income assessments to dealer markups, and explains how Informed IQ uses AI to streamline the review of extensive loan documents while tackling junk fees. We also delve into the impact of common add-ons on loan approval, making this a must-listen for anyone interested in the intersection of technology and financial services.Ever wondered about the capabilities and pitfalls of generative AI in the lending industry? Tom discusses the fascinating phenomenon of AI "hallucinations" and how Informed IQ ensures accuracy and speeds up the loan approval process, reducing your time spent at dealerships. As a bonus, we shift gears to the automotive design world, exploring the buzz around a poten