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Bullboard - Stock Discussion Forum
Open Lending Corp
LPRO
Financial Services
Open Lending Corporation is a provider of lending enablement and risk analytics to credit unions, regional banks, finance companies and the captive finance companies of automakers. The Company provides loan analytics, risk-based pricing, risk modeling and default insurance to auto lenders throughout the United States. It targets the financing needs of near-prime and non-prime borrowers, or...
borrowers with a credit bureau score generally between 560 and 699. Lenders Protection platform (LPP), the Company's flagship product, is a cloud-based automotive lending platform. LPP supports the full transaction lifecycle, including credit application, underwriting, real-time insurance approval, settlement, servicing, invoicing of insurance premiums and fees and advanced data analytics of the automotive lender's portfolio under the program. Its risk models project loan performance, including expected losses and prepayments, in arriving at the optimal rate. It serves around 454 active lenders.
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Bullboard (NDAQ:LPRO)
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MikeTester
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Post by
MikeTester
on Aug 02, 2024 4:22pm
LPRO: Navigating the Evolving Automotive Landscape with Resi
https://beyondspx.com/2024/07/31/lpro-navigating-the-evolving-automotive-landscape-with-resilience-and-innovation/
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whytestocks
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Post by
whytestocks
on Feb 28, 2024 6:00pm
Open Lending Releases 2024 Vehicle Accessibility Report to P
JUST IN: $LPRO Open Lending Releases 2024 Vehicle Accessibility Report to Provide Insights on the Near- and Non-Prime Credit SegmentSixty-three percent of near- and non-prime consumers plan to
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