Based in Dallas at Fort Worth, OpenRoad Lending is an auto finance company that provides assistance finding auto loans for new and used cars. The company, which was founded in 2009, is a member of the American Financial Services Association. GAP coverage, refinancing vehicles, and extension of a service contract, are the main products offered by OpenRoad Lending. Major resources which they provide include a car loan information center, auto loan directory, car refinance learning center, car loan directory and auto refinance directory.
As of April 2019, Trustpilot ranks this company 204 out of the 345 non-bank finance companies it listed online and gives it a TrustScore of 8.3 out of 10. Better Business Bureau (BBB) had accredited the company and assigned it an A+ rating. OpenRoad Lending refinances existing vehicles to help spare clients expense. Application fees and hidden fees are not imposed on the latter. Factors which do decide approval of loans include employment history, previous car loans, income, and credit reports. Loans are customized for clients based on their individual credit scores. Typically, the scores which they ask for would range from 650 to 700. Guaranteed Auto Protection (GAP) offered by the company protects clients from owing money from any incident of total loss of a financed vehicle.