How to Market to College Grads Looking for Cars

Summer is considered prime car-buying season, and cars, new and used, often make the list of potential gifts to celebrate a college graduation. A car...


Julie Nielsen Excels at Cooking Up Stronger Partnerships

Whether in her personal life or as part of the Open Lending team, Vice President of Channel Partnerships Julie Nielsen has been a key player in...


3 Ways to Reach Nonprime Borrowers and Improve Interest Income

Car buying in the United States is slowly picking back up, but the kinds of buyers looking to get a car have changed over the past year. Fewer people...


3 Ways to Increase Your Auto Lending and Boost Consumer Credit

Getting a car hasn’t gotten any easier for many Americans. Many people have a less-than ideal credit score or none at all, and the global pandemic...


Watch Your Lending: Low Interest Rates Ahead …Still

Spring is here, and the U.S. economy is very slowly beginning to move in the right direction. Interest rates in most areas of lending are likely to...


Marketing Auto Loans In 2021


4 Best Practices to Follow in Your Credit Risk Management

Lending comes with risk, but economic and employment uncertainty right now only makes it prudent to review the steps your credit union or bank is...


Achieving CECL Embedded Credit Enhancement Treatment

CECL (Current Expected Credit Losses) implementation may seem scary at first regarding the time for implementation, lack of specific regulatory...


CECL: What Your Bank Or Credit Union Needs To Know

The impact of CECL, or Current Expected Credit Losses, is not yet fully known, and the effect of the COVID-19 pandemic has further muddied the...


Nonprime Auto Lending in 2021

The early months of 2020 for the automotive industry were, in a word, difficult. The coronavirus pandemic slowed car sales and auto loan growth, but...