Open Lending achieves milestone of one million certified loans

Open Lending (LPRO) Corporation announced the certification of the one millionth auto loan through its Lenders Protection loan decisioning engine. This achievement underscores the Company’s ongoing efforts to empower financial institutions to grow their portfolios, create access to vehicle ownership, and drive innovation in the automotive lending industry. Launched in 2000, Lenders Protection uses loan analytics, risk-based pricing, automated decisioning technology, and default insurance to enable financial institutions to responsibly offer vehicle financing to applicants in the near- and non-prime credit spectrum. This milestone represents years of successful partnership with credit unions, banks, and captive finance companies.