NEW YORK -

After recently forging a relationship with an independent dealership group, Scienaptic bolstered its client roster of independent finance companies on Monday.

The credit decision platform provider fueled by artificial intelligence now is working with Right Direction Financial Services, which looks to provide financing for individuals seeking to rebuild or establish their credit through high-quality, certified pre-owned vehicles.

Scienaptic highlighted via a news release that deployment of its AI-powered platform will allow Right Direction Financial Service to enhance its underwriting capabilities to reach and support more potential customers, while mitigating risk. 

Right Direction Financial Services was founded in 2011. The company said it is committed to ensuring its customers have affordable payments that align with their payroll periods and reporting their payment history to the major credit reporting agencies.

Executives went on to mention this implementation positions Right Direction Financial Services to reach more consumers to grow its business while offering faster, stronger AI-powered credit decisioning for its underwriting process.

 “Being able to provide fast and easy access to vehicle financing anywhere, anytime is crucial for meeting the demands of our customers,” said Miro Radujkovic, Vice President of Consumer Lending & Collections at Right Direction Financial.

“Leveraging Scienaptic’s AI-enhanced decision-making capabilities means that we can make sharper loan decisions and effectively reach more borrowers to help them quickly and responsibly purchase the perfect vehicle to chart their own course to success,” Radujkovic continued in the news release.

Scienaptic president Pankaj Jain added, “Scienaptic’s adaptive, AI-driven credit underwriting platform means Right Direction Financial can streamline and enhance its loan decisioning process.

“Our partnership will allow the company to significantly increase both its potential reach and loan decisioning capacity for its customers, putting more people behind the wheel, all without increasing risk,” Jain went on to say.