Seventh Circuit FDCPA decision has implications for CFPB’s approach to validation notices in its proposed debt collection rules
Denver, Colorado, Aug. 14, 2019 (GLOBE NEWSWIRE) —
iLendingDIRECT, a national leader in automotive refinancing, has expanded its partnership with Open Lending, which specializes in alternative risk modeling for loans. iLendingDIRECT can now refinance customers with credit scores as low as 560 using Lenders Protection powered by Open Lending. This program allows lenders to fund near or non-prime auto loans with default insurance coverage. “We are excited to grow our partnership with iLendingDIRECT and to support them and their credit union partners in saying ‘yes’ to more automotive loans. The ability to help more institutions serve the underserved means a great deal to us,” stated John Flynn, Open Lending’s President and CEO.