Case Study: North American Vehicle Finance Company achieves faster, safer non-prime credit decisions and reduced processing time with FICO Origination Manager

Independent auto finance company safely accelerates credit decisions in non-prime

A North American independent vehicle finance company that handles thousands of daily applications and specializes in the non-prime market needed to control risk while delivering innovative loan products and fast decisions for customers who often don’t qualify for traditional financing. Its rigid internal decision system forced many applications into lengthy manual underwriting and required IT involvement for policy or process changes.

The company replaced that system with FICO® Origination Manager, using decision rules, decision trees and multi-factor matrices to auto-decline or auto-approve many more non-prime applications, accelerate underwriting and automatically restructure deals when underwriters add information. The change reduced time-to-decision, lowered processing costs, improved consistency in risk management, and let business users update rules and pricing quickly without IT support.