Increase near and non-prime auto loan
volumes without the added risk.
Our cutting-edge technology transforms
the auto lending industry and change lives.
Highly granular, AI-powered analysis provides
more accurate pricing commensurate
with application risk.
Risk-based pricing model
accounts for specific costs
and ROA targets.
Fully automated technology
delivers the best rate
in under five seconds.
Built-in default protection
from AM Best A-rated
costs or hidden
Only pay for
Launch in weeks,
20 Years of
Insured Auto Loans
Delivers customizable and sophisticated analytics to meet your institution's goals.
After a year of volatility, market factors are starting to normalize. Jobs are growing, GDP is strong, and interest rates are holding (for now). But many Americans — particularly those in the near- and non-prime credit segment — still face unaffordable car prices and rates in their pursuit of vehicle ownership. To better understand these [&hellip
Owning a vehicle opens many doors and is often the first step in building good credit. Vehicle ownership also creates onramps for a better quality of life. Open Lending’s 2023 Vehicle Accessibility Report found that 64% of non-car owners felt their earning potential would increase if they had access to a vehicle, and more than […]
How do AI and data analytics increase lender competitiveness? What opportunities are available to serve near- and non-prime borrowers? In Open Lending’s Lending Enablement Benchmark Study, we answer these questions and more.
After a weeks-long implementation, Open Lending Lenders Protection™ helps Sound Credit Union generate better yield by approving more near-prime loan applications without unnecessary risk or friction.