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Automation fintech Open Lending’s certified loan volume decreased for the second consecutive quarter in Q3 following six quarters of growth. Total certified loans, or “certs,” decreased 5.3% sequentially and 14.5% year over year to 42,186, according to the fintech’s earnings presentation. Credit unions and banks accounted for 86% of certs while OEM certifications made up 14%. “In the third quarter, […]
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