Open Lending Releases 2024 Vehicle Accessibility Report to Provide Insights on the Near- and Non-Prime Credit Segment
Open Lending Corporation - Class A (LPRO)
Company Research
Source: Business Wire
Sixty-three percent of near- and non-prime consumers plan to purchase or trade in a vehicle within two years; nearly half find it challenging to trust lenders AUSTIN, Texas--(BUSINESS WIRE)--Open Lending Corporation (NASDAQ: LPRO) (“Open Lending” or the “Company”), an industry trailblazer in automotive lending enablement and risk analytics solutions for financial institutions, has released its 2024 Vehicle Accessibility Report. This report illustrates how traditional underwriting practices have alienated and excluded many creditworthy near- and non-prime consumers, providing insights to help automotive lenders offer reasonable loan opportunities to borrowers in this underserved but deserving credit segment.With barriers to vehicle affordability remaining higher than ever, the report findings show that while near- and non-prime consumers are confident in their financial futures, they are careful about debt and wary of the lending process. Though members of this segment report high i
Show less
Read more
Impact Snapshot
Event Time:
LPRO
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LPRO alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LPRO alerts
High impacting Open Lending Corporation - Class A news events
Weekly update
A roundup of the hottest topics
LPRO
News
- Credit Scores Are Rising for Millennials and Gen Z — What Boomers Can Learn From Them [Yahoo! Finance]Yahoo! Finance
- OneAZ's Launch of Credit Flex Auto Program Backed by Open Lending [Yahoo! Finance]Yahoo! Finance
- OneAZ’s Launch of Credit Flex Auto Program Backed by Open LendingBusiness Wire
- Open Lending to Announce First Quarter 2024 Results on May 7, 2024GlobeNewswire
- Near- and Non-Prime Consumers At Risk of Being Priced Out of the Vehicle Market, Open Lending Research Finds [Yahoo! Finance]Yahoo! Finance
LPRO
Earnings
- 2/27/24 - Miss
LPRO
Sec Filings
- 4/16/24 - Form 4
- 4/11/24 - Form ARS
- 4/11/24 - Form DEFA14A
- LPRO's page on the SEC website