Open Lending’s Response to the Ever-Changing Auto-Lending Landscape

The pandemic and its aftermath have continued to shape the world of auto lending. We are in unprecedented times in the auto-lending industry with the...


Reminder: Additional Enhancements

Earlier this year we increased loan amounts. Today, in conjunction with this, we are pleased to announce that the maximum PTI (Payment to Income) for...


How to Ride the Rising Tides of 2022’s Auto Lending Market

Risk is a natural part of business - but being able to mitigate those risks, while simultaneously increasing your profitable car loan portfolio is...


2022 Is a Prime Year to Grow Your Nonprime Auto Loan Portfolio

According to TransUnion, 2022 appears to be a healthy year for the auto finance industry, providing vital access to credit, despite a minimal...


Serve the Credit Invisible with Car Loans While Mitigating Risk

Did you know that 28 million Americans have files with insufficient data to generate credit scores, and another 25 million Americans have no credit...


Reminder – Additional Enhancements beginning April 2022!

  • We are pleased to confirm that higher loan amounts were successfully released on March 4, 2022, and we have seen an increase in approvals and...


Concerned About Inflated Car Prices? Here’s How to Mitigate Your Risk.

The auto lending landscape continues to be shaped by the pandemic and the resultant microchip shortage. Vehicle values remain at an all-time high....


VyStar Finds Greater Growth with Open Lending by Expanding Partnership

“It’s efficient. It’s accurate. It definitely helps us grow and be more profitable, but I think what it’s really brought us, and so many other credit...


Are You Ready for the New CECL Accounting Standard?

Come January 2023, the Financial Accounting Standards Board’s CECL standards – Current Expected Credit Losses – will apply to any financial...


2022 Auto Lending Forecast

Projections for car loans are looking up this year despite the continued pandemic-induced inventory struggle.