Open Lending Blog

Jan 11
1 min

New Auto Lending Trends For The New Year

We are only days into this new year of 2021 and already we’re seeing some notable trends beginning to emerge in the auto lending industry. Some of...

Jan 8
1 min

Auto Lending Expected to Increase, Countering Tight Interest Margins

Many people and businesses struggled with their finances when the coronavirus upended life as we know it. Credit unions, especially small ones, are...

Dec 15
2 min

2021: What to Expect from Auto Lending and Open Lending

This year has been one to be recorded in history books for many of the wrong reasons. Like many other industries, auto lending has...

Dec 9
2 min

Upsell Value for Additional Noninterest Income on Auto Loans

At some point when visiting a retail store, you’ve probably been asked if you want to buy one more of something to earn a special discount or to...

Nov 30
1 min

Reasons We Are Thankful

This year has been a difficult one for us all, professionally and personally. The coronavirus pandemic has changed everything about our lives in a...

Nov 18
2 min

Steve Martin Retiring His Expertise – Not Acting – From Open Lending

Just to get it out of the way, no, this Steve Martin has never appeared on Saturday Night Live nor starred in any major motion pictures, but he has...

Nov 12
1 min

Indirect Lending: Changes In 2020 And Beyond

The automotive industry as a whole has had to adapt its business model this year. Like nearly everything else in our everyday lives, the coronavirus...

Nov 4
1 min

Open Lending Can Add Certainty as Auto Loans Rebound

The coronavirus pandemic has made things interesting for the automotive industry. Like many other businesses, car dealerships and auto lending took a...

Oct 27
1 min

Make Proactive Credit Risk Management the Path to ‘Yes’

The combination of rising unemployment, deferred payment programs coming to an end and Congress failing to reach a stimulus deal is creating the...

Oct 20
2 min

Adaptation: Experience Key to Driving Auto Loan Results

What was once a lofty goal of delivering a more streamlined auto lending experience, has become table stakes for financial institutions in this...