Case Study: Arivo Acceptance achieves faster funding and higher capture rates with TransUnion CreditVision

Arivo Acceptance - Customer Case Study

Arivo Acceptance, a subprime auto lender serving dealerships and consumers, wanted to deliver a faster, more seamless prime-like lending experience while reducing underwriting friction and application stipulations. Working with TransUnion and using CreditVision trended and alternative credit data, Arivo aimed to improve pricing, decisioning, and the overall dealer and consumer experience.

TransUnion helped Arivo build machine learning risk and pricing models and a Quantitative Income Projection capability using its multi-source alternative and trended credit data. The result was a 40% increase in capture rate, a 30% reduction in turn time from application to funding, over 70% more automatic decisioning, and more than 80% of applications processed without additional stipulations, while also reducing default risk and helping Arivo triple its portfolio size.

Arivo Acceptance

Landon Starr

Chief Risk Officer