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Client: Captive auto lender of a top global auto company
Challenge: The company was looking to structure the best financing deals for its customers, but the manual process that credit analysts used was timeconsuming, did not always maximize profitability and resulted in higher decline rates and inconsistencies across dealerships.
Solution: FICO Optimization Solution for Alternative Deal Structure
Results: The company will reduce annual losses by up to US$12 million and increase staff productivity, which will reduce annual labor costs by up to $3 million. Its use of the solution also minimizes decline rates and enhances dealer and customer satisfaction.