Open Lending cert volume declines

The fintech’s refi business grew while OEM loan certs fell YoY

Automotive fintech Open Lending’s certified loan volume fell year over year in the second quarter as the industry faces continued supply chain challenges, prompting the company to continue leaning on refinance to boost loan volume.  The number of certified loans, or “certs,” in Q2 increased 1.3% sequentially but dipped 4% YoY to 44,531, accounting for […]

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