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Open Lending
Open Lending provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. For 20 years they have been empowering financial institutions to create profitable auto loan portfolios by saying “yes” to more automotive loans.
Purpose
Open Lending's proprietary software, Lenders Protection, is a unique auto lending enablement platform utilizing proprietary data and advanced decisioning analytics that provides lenders with a powerful and safe way to increase near and non-prime auto loan volumes that achieve higher yields without adding significant risk to their loan portfolio.
Mission
Our mission is to serve the underserved by using current technology and big data to empower consumers to get the best loans their risk status will allow, while satisfying the goals of the lending community.