FICO® Resilience Index 2 Industry Benchmarking Resources: Auto Finance Industry

Benchmarking Data Source & Key Definitions

• These benchmarks are based on a large, nationally representative sample of anonymized credit bureau data.
• April 2021 benchmarks are based on borrowers’ FICO® Score and FICO Resilience Index® values as of April 27, 2021.
• Like the FICO® Score, FICO® Resilience Index values are derived solely from credit bureau data.
• “Account management” (AM) views are based on consumers with one or more open tradelines in a given industry and satisfying the minimum FICO scoring criteria (scored as of the reference date).
• “Account origination” (AO) views are based on consumers with one or more new tradelines opened in a given industry in the months following the reference date. The Jan 2021 AO benchmarks are based on accounts originated from Feb to Apr 2021 (most recent three months of originations leading up to Apr 2021). All other AO benchmarks (Oct 2007, Oct 2013, and Jan 2020) are based on accounts originated in the six months following the reference date.
• Account origination borrowers are scored as of the reference date (prior to loan origination) to avoid factoring the newly opened account(s) in the score.
• Note that the account management population is inclusive of the account origination subpopulation (3-6% of account management population).