Open Lending Blog

Aug 4
2 min

How to Tighten Your CU’s Indirect Lending Processes

While indirect lending is still a major part of many credit unions’ auto loan portfolios, a report from CU Times showed they were slowing heading...

Jul 31
2 min

Credit Union Auto Lending that’s Built to Last

As the coronavirus pandemic lingers on, we all look forward to seeing our new normal. Many companies have had to change how they’ve done business, to...

Jul 22
2 min

Mitigate Auto Loan Risk in the New Normal

As the US moves forward in our ‘new normal,’ so are credit unions. Given that we haven’t been through a pandemic in more than a hundred years,...

Jul 1
2 min

Alternative Credit Scoring Helps Credit Unions Adapt to New Normal

The U.S. looked like it was ready to start entering the post-coronavirus world and began easing stay-at-home orders, but unfortunately, we’re now...

May 29
2 min

The Power of Data in Near-Prime Auto Lending

We dabble in the prime; we dabble in the non-prime, but the real opportunity for auto lenders is in the in-between. We’ve been focused on this from...