Open Lending Blog (13)

Using Data to Market Auto Loans in a Slowdown

According to a recent report from the NY Federal Reserve, delinquencies on auto loans are on the rise. In the second quarter, 90+ day...

I saw many credit union friends earlier this week at NAFCU’s Congressional Caucus, of which we are a Preferred Partner, and had the opportunity...

Just a couple of days ago, an appellate court ruled in favor of the NCUA’s 2016 expanded field of membership regulations. The American Bankers...

That doesn’t mean it’s down for the count!...

Consumers’ credit scores are critical to making safe, profitable loans that benefit your credit union and its members, but they are not the only...

I am very pleased to announce that Open Lending recently welcomed Kenn Wardle to our executive leadership team as chief risk officer. His vast...

Credit union consumer loan growth crawled along throughout their existence until 2012. We experienced some stronger growth between the mid-90s and...

Following the economic crisis of 2008-09, Leaders Credit Union found itself flush with cash, so the credit union made the strategic decision to...

Overall, auto lending is slowing, but that doesn’t have to be the case for your credit union!