Proactively address higher risk auto loans with analytics

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