Banking

Open Lending’s cert volume decreases QoQ

Automation fintech Open Lending’s accredited loan volume reduced for the 2nd successive quarter in Q3 following 6 quarters of development.  Total licensed loans, or “certs,” reduced 5.3% sequentially and 14.5% year over year to 42,186, according to the fintech’s incomes discussion. Credit unions and savings account for 86% of certs while OEM accreditations comprised 14%.  “In the 3rd quarter, […]



Gabriel

A news media journalist always on the go, I've been published in major publications including VICE, The Atlantic, and TIME.

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