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Home » Open Lending eyes softening used-vehicle values, PTI ratios

Open Lending eyes softening used-vehicle values, PTI ratios

Open Lending last month expanded its maximum loan terms

Joey Pizzolato and Riley WolfbauerbyJoey Pizzolato and Riley Wolfbauer
October 5, 2022
in Risk Management, Spotlight
Reading Time: 5 mins read
0

© Can Stock Photo / Apriori

Automation fintech Open Lending is keeping a close eye on softening used-vehicle values as the company looks to combat affordability concerns with new adjustments to its underwriting criteria.      The platform provides artificial intelligence (AI) and machine learning-based parameters to auto lenders looking to dip further down into lower credit tiers by insuring those loans […]

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