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Open Lending expands insurance coverage to older vehicles

Fintech looks to address affordability

Riley Wolfbauer

Automation fintech Open Lending is increasing the vehicle age it will cover under its Lender Protection program to help combat affordability concerns for near and non-prime consumers as new- and used-vehicle prices continue to increase.  Open Lending’s Lenders Protection platform leverages artificial intelligence (AI)– and machine learning-based parameters to allow auto lenders to dip into […]

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