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Open Lending extends AI-powered underwriting

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Automation fintech Open Lending has expanded its maximum auto loan terms as more consumers are priced out of the market.  Lenders using Open Lending’s artificial intelligence-powered underwriting can now offer 84-month loan terms for near and nonprime borrowers on new and used vehicles that are up to four years old with less than 60,000 miles, representing a […]

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  • Source: https://bankautomationnews.com/allposts/retail/open-lending-extends-ai-powered-underwriting/

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