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Snap Finance Uses AI to Approve Credit

Artificial intelligence, or AI, has made its way into the automotive aftermarket. Snap Finance LLC is using it to improve credit approval and increase retail tire and service sales.

How to use credit to secure repeat business

There are many tools at the independent tire dealer’s disposal that can be used to secure repeat business. Some dealers put customers on strict preventive maintenance plans. Some promote tire rotations, oil changes, brake checks and other interval-based services. Others bring customers back with specials and coupons.