U.S. Floorplan Risk Management slide image

U.S. Floorplan Risk Management

U.S. Retail Originations and Servicing Strategy Behavioral Scoring Models . • Ford Credit uses proprietary behavioral scoring models to assess the probability of payment default for each receivable on its payment due date These models assess the risk of a customer defaulting using a number of variables, including origination characteristics, customer account history, payment patterns, expected loss or severity and periodically updated credit bureau information Before a behavioral scoring model is applied, Ford Credit classifies each customer account to determine which model to use. Classifications include: - - - Financing product (retail, lease) Customer type (individual, business entity) Delinquency level (current, due date delinquent, 30 days past due) Output of the behavioral scoring models is a proprietary risk rating referred to as Probability of Default (POD) that determines - - - How soon an obligor will be contacted after a payment becomes delinquent How often the obligor will be contacted during the delinquency How long the account will remain in early stage collections before it is transferred to a more experienced representative to continue collection efforts 40 Ford FORD CREDIT
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