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.
In 2019, Sound Credit Union, based in Tacoma, Washington, was searching for an auto lending solution that would help them provide better rates to their members while increasing profitability and expanding their portfolio.
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.
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