Tag: loan terms

New-vehicle prices have never been higher, and that doesn’t bode well for lengthening loan terms.   Average transaction prices for new ...

The average amount financed on new-vehicle purchases climbed to a record high in the third quarter as loan terms lengthened ...

America First Credit Union (AFCU) has partnered with Open Lending to expand indirect lending to near and nonprime or emerging ...

Automation fintech Open Lending is keeping a close eye on softening used-vehicle values as the company looks to combat affordability ...

Customizable portals combined with loan origination systems’ (LOS) capabilities can help enhance experiences and build market share.    Although banks and ...

Automation fintech Open Lending has expanded its maximum auto loan terms as more consumers are priced out of the market.  ...

The share of longer-term loans on new and used vehicles increased year over year in the first quarter of 2022, ...

Automation fintech Open Lending’s certified loan volume increased for the sixth consecutive quarter in Q1 as the automation fintech grew ...