Fueled by the upturn in the economy, consumer optimism and demand for new cars, the auto financing business is going strong. A majority of consumers with new car loans are having little trouble repaying them. However, there is a segment worth keeping an eye on — according to Experian Automotive, subprime delinquencies are starting to increase. FICO TRIAD Cloud Edition enables auto financing sources to improve collections results by: Increasing revenues from most profitable customers Reducing future delinquency rates and balances Cutting costs Minimizing charge-off losses Reducing referrals to the authorization system
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