Santander Consumer USA Selects Magnum for Loan Platform

Santander Consumer USA Inc. (Dallas) (SCUSA), a consumer automotive finance company, has selected Magnum's (Atlanta) Service Bureau for its loan scoring and decision management platform.

The Magnum Service Bureau combines Magnum's experience and decision support capability into an outsourced service center featuring data access to more than 20 consumer and commercial sources, scoring through the use of industry specific models and instant delivery of date, scoring and decisions. "One of the reasons we chose Magnum is because of the variety of services it provides," said SCUSA CIO Don Goin. "Not only will it give us highly accurate and responsive credit scoring, but we can also leverage its platform for other applications that support our business as we grow."

Peggy Bresnick Kendler has been a writer for 30 years. She has worked as an editor, publicist and school district technology coordinator. During the past decade, Bresnick Kendler has worked for UBM TechWeb on special financialservices technology-centered ... View Full Bio