BadCredit.org Industry News

🚀 Welcome to Our Industry News Channel on X! 🎉 Known as a trusted consumer resource as @BadCreditorg for more than a decade, we’ve launched an industry news channel aimed at covering the topics that matter most to industry insiders! Follow us here for daily news and insights.

A study from @FinRegLab shows combining cash flow data with machine learning can boost credit approvals by up to 4% — helping lenders reach more underserved borrowers without raising default risk. Read our story and follow for more credit news: badcredit.org/news/study-say…

Funding news: @spinwheelapi secured $30M in funding from @FPrimeCapital, @QEDInvestors, @FoundationCap, and @fikavc to modernize underwriting with real-time credit and liability data — promising faster, sharper insights for lenders. Read our story: badcredit.org/news/new-capit…

AI and low-code is reshaping credit risk modeling. #CarringtonLabs & @taktile_org are giving smaller lenders tools to adapt faster, boost approvals, and manage risk—without big engineering teams helping to level the playing field. 🔗badcredit.org/news/ai-powere…

Capital reform may be shifting. Fed Vice Chair Bowman and Treasury Secretary Bessent propose easing capital rules for smaller lenders, challenging one-size-fits-all regulation. The goal: unlock lending without raising systemic risk. Here's our take: badcredit.org/news/bowman-be…

Car payments are falling behind at the highest rate in 15 years, and it’s hitting subprime borrowers hardest. Lenders are feeling the pressure as defaults climb and credit tightens. Here's our take: badcredit.org/news/auto-deli…

A reported increase in legal inquiries tied to debt, foreclosures, and credit disputes are flashing early warning signs for subprime lenders. Experts say stress levels haven’t been this high since early 2020, and defaults may be next. Here's our take: badcredit.org/news/legal-inq…

Bitcoin broke $120K last week, driven by the promise of regulatory clarity under the GENIUS Act. But analysts are concerned the surge carries all the signs of a classic bubble — rising leverage, speculative frenzy, and subprime credit exposure. Read more: badcredit.org/news/120k-bitc…

Subprime lenders hit the brakes as the Fed stays vague on rate cuts. With delinquencies and defaults up, risk-based credit is in a bit of a holding pattern. Clarity can’t come soon enough. Read the full story: badcredit.org/news/subprime-…

SBA loan demand is surging, and fast enough to hit the $35B cap before FY2025 ends. Lenders and policymakers now face a critical question: will access expand, or will small biz borrowers get squeezed? Here's our take: badcredit.org/news/sba-loan-…

Recent Fed data shows mounting strain among subprime borrowers. Also, the Large Bank Credit Card and Mortgage Data report now has 67 new variables to learn from. Here's our take: badcredit.org/news/new-fed-d…

New insights on default risk for lenders: @FreedomDebt survey says location and credit utilization are powerful predictors for default, especially in subprime. Read our full breakdown: badcredit.org/news/location-…

84-month auto loans are no longer fringe — they're becoming normalized. Nearly 1 in 4 new car buyers now stretch payments over 7 years. For lenders, it means rising risk, longer exposure, and growing concerns about negative equity. We break it down here: badcredit.org/news/stretchin…

FDIC warns: lender oversight failures triggered $33M in refunds and 26K+ complaints. Third-party risks are rising, and compliance gaps are getting expensive. Read the full story: badcredit.org/news/lender-ov…

More breaking news from @pulte today. Lenders working with @FannieMae and @FreddieMac will now be able to use @VantageScore 4.0 scores on mortgages. Seems like a massive opportunity to qualify thin-file borrowers. Check out today's video 👇

Attention lenders, did you hear crypto assets will soon count toward mortgage applications? This could be a high-risk, high-reward situation due to crypto being more volatile than other currencies, but it could also lead to more eligible borrowers. Check out today's video 👇

Credit invisibility is still a big issue for lenders, just not as big as we once thought with only 7 million Americans being truly invisible. But perhaps the bigger issue is the 25 million consumers who are unscoreable due to limited credit histories. Check out today's video 👇

Federal Reserve Chair Jerome Powell signaled the Fed could ease Basel III and leverage ratio rules — moves that could reshape bank lending and risk. Today's article explains what’s at stake for lenders, borrowers, and the economy. Here's our take: badcredit.org/news/powell-si…