Open Lending Blog | John Flynn (11)

Jan 9
1 min

A Note from Open Lending CEO About the Nebula Merger

I am writing to share some very exciting news with you about Open Lending’s future. Monday morning, we publicly announced our plans to enter...

Jan 7
2 min

6 Steps to a More Profitable Auto Loan Portfolio in 2020

As we enter 2020, we’re still dealing with many of the challenges of 2019 in auto financing. The statistics are well known- auto loans are a...

Dec 19
2 min

9 Ways to Reach Nonprime Borrowers About Car Loans

Most of you reading this probably get in a car and drive to work every day. If you choose to live in the city you might choose to bike or take...

Dec 12
2 min

What a Dealer Wants in its Lenders

Offering loans through auto dealerships has been a long-proven way of financing automobile purchases for the American public. It makes the...

Dec 6
2 min

Regulators’ Statement on Alternative Data in Lending is Spot on

Earlier this week, the federal banking and credit union regulators issued a joint statement focused on the consumer protection implications regarding...

Nov 19
1 min

Lending Peace of Mind for Borrowers and Your Credit Union

The Wall Street Journal recently featured an article, "A $45,000 Loan for a $27,000 Ride", which discusses how rising car prices and consumer...

Nov 11
2 min

CFPB Creating Task Force on Consumer Finance – Could Be a Good Thing

A few weeks ago, the Consumer Financial Protection Bureau announced it was developing a task force to study the existing legal and regulatory hurdles...

Nov 5
2 min

Relationships with Dealers are Key in Indirect Lending

In our ever-evolving digital world, relationships sometimes seem to be more with our computer screens and our phones rather than with the human...

Oct 30
1 min

CECL Policy and Guidance Raise Reserve Concerns

Last week, the federal banking regulators issued guidance and policy statements regarding implementation of FASB’s Current Expected Credit Losses for...

Oct 18
2 min

Open Lending Hosts Executive Lending Roundtable

We have three days of networking and knowledge to be shared! We’ll show you how to grow your auto lending portfolio by leveraging alternative data,...