Lending news

Lending covers who is extending credit, on what data, and what happens when it goes wrong. Fintechbits follows the underwriting models behind consumer and small-business credit, the shift of origination away from banks toward platforms, and the delinquency and charge-off numbers that show whether a book was priced correctly. Buy now, pay later sits here, including the disclosure fights over how its costs are presented. Coverage includes Affirm, Klarna, Upstart, SoFi and the credit bureaus and data providers they rely on, plus the regulators deciding what an explainable credit decision looks like. Where a story is about moving the money rather than deciding who gets it, it belongs under payments.