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Open Lending adds 71 financial institutions in 2021, certs jump 82% YoY in Q4

The fintech will roll out an 84-month loan term in the coming month

Amanda Harris

Automation fintech Open Lending continues to attract financial institutions to its platform as lenders look to expand their auto books in a market characterized by limited used- and new-vehicle inventory and rising prices across the board. Total certified loans, or “certs,” jumped 59% year over year to 42,639 in the fourth quarter, a sequential decline […]

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