Arvest Auto Finance is among the first lenders nationwide to adopt FICO® Auto Score 10, modernizing auto lending to deliver more precise loan decisions and expand credit access for borrowers.
Summary:
- Modernized Auto Underwriting: Arvest Auto Finance has integrated FICO® Auto Score 10 to modernize credit risk decisioning across its indirect auto lending division.
- Smarter Loan Approvals: A more granular view of borrower risk enables lending teams to make smarter, more confident approval and pricing decisions.
- Support for Thin-File Borrowers: The updated model improves risk separation for applicants with limited credit histories, identifying distinctions that older models missed.
- Seamless FICO Integration: Implemented seamlessly with FICO's guidance, the new score maintains the trusted 250-900 range without disrupting current lending operations.
At Arvest, we are continually looking for ways to modernize our operations and better serve our customers. We are excited to announce that our auto lending division, Arvest Auto Finance, has successfully upgraded to FICO® Auto Score 10, giving the bank a more precise view of borrower risk and strengthening its auto lending underwriting capabilities. The bank is one of the first lenders in the country to adopt FICO's most predictive auto credit score.
The strategic move reflects Arvest's proactive approach to modernizing credit risk decisioning across its auto indirect lending business. Early portfolio analysis shows use of FICO® Auto Score 10 results in sharper risk segmentation across Arvest's customer base, including greater differentiation among thin-file borrowers.
"The auto lending market is evolving too quickly to stand still on credit risk," said Reggie Branch, senior director of indirect lending at Arvest Auto Finance. "Moving to FICO Auto Score 10 was a proactive investment to strengthen how we assess risk as borrower profiles continue to evolve. Our early analysis is already showing sharper differentiation across our portfolio, particularly among thin-file borrowers, giving our teams greater confidence in how we evaluate risk and make lending decisions."
FICO, a global analytics software leader, worked closely with Arvest throughout the transition to FICO® Auto Score 10, providing implementation guidance, compliance resources, and technical support to integrate FICO Auto Score 10 into its existing credit decisioning processes. Arvest's successful transition demonstrates how regional lenders can move proactively to the latest scoring technology while maintaining operational continuity.
Initial analysis of Arvest's portfolio has shown:
- Sharper differentiation across the broader portfolio, with some customers scoring higher as the updated model more accurately reflects stronger credit profiles
- Greater risk separation among thin-file borrowers, with FICO® Auto Score 10 identifying distinctions that were less apparent with the prior model
- A more granular view of borrower risk, helping Arvest's lending and risk teams more confidently evaluate applicants and inform approval and pricing decisions
"The strength of FICO Auto Score 10 is its ability to separate risk with greater precision," said Shams Blanc, vice president, head of auto strategy and industry relations at FICO. "Arvest's early results demonstrate why that matters. Greater differentiation gives lenders a clearer view of borrower risk and greater confidence in their credit decisions. By proactively adopting FICO Auto Score 10, Arvest is demonstrating the kind of forward-thinking risk strategy that will increasingly define modern auto lending."
FICO® Auto Score 10 is the most powerful FICO auto-specific score yet, built on recent credit data to deliver sharper risk separation where auto lenders need it most: mid-band and thin-file borrowers. It outperforms prior versions in predicting defaults, especially for prime thin/new-to-credit and subprime segments, helping lenders approve more loans while avoiding costly charge-offs. Designed for seamless adoption, FICO Auto Score 10 keeps the trusted 250-900 range, reason codes, and compliance readiness lenders expect.
