Compete with Neobanks on Thin-File Borrowers — Without Lowering Your Standards
Neobanks have been underwriting thin-file applicants with payroll and cash-flow data since at least 2019. CredVynt gives your community bank the same data access — with the ECOA-defensible adverse action documentation your OCC or FDIC examiner will expect to see.
You're Losing Creditworthy Borrowers to a Data Gap
When a thin-file applicant comes to your loan desk, you have two bad options: decline a customer you know could repay, or override your own underwriting standards. Both hurt.
FICO Leaves 45M Adults Invisible
Nationwide, ~45 million adults are credit-invisible or thin-file. These include recent college graduates, immigrants, self-employed entrepreneurs, and gig-economy workers — often the exact customers you want to serve in your community.
Neobanks Have a 5-Year Head Start
Digital lenders and neobanks have been using payroll data, rent history, and bank cash-flow as primary underwriting signals since at least 2019. They're capturing the same thin-file borrowers you're declining — and those customers are building their entire financial relationship there.
Loan Officer Judgment Is Not an Audit Trail
Experienced loan officers can sometimes make sound calls on thin-file applicants based on relationship context. But undocumented judgment doesn't produce consistent adverse action reason codes, doesn't pass HMDA LAR scrutiny, and doesn't scale to a portfolio of hundreds of thin-file applications per month. Your examiners will ask for documentation — you need a structured process to provide it.
Alternative Data That Fits in Your Existing Process
CredVynt plugs into your LOS and delivers a credit decision in seconds — alongside your FICO pull, not instead of it.
Three Data Layers in One API Call
Bank account cash-flow, rent payment history, and employer payroll records — all retrieved with applicant consent in a single API call when your LOS submits the application. One integration, three supplementary signals.
Reg B Adverse Action Reason Codes, Automatically Generated
Every non-approval decision returns ranked adverse action reason codes in CFPB-standard Reg B format. Your compliance team doesn't need to reverse-engineer the model's reasoning to produce your adverse action notices — the documentation comes with the decision. CredVynt does not issue adverse action notices on your behalf; that obligation remains with your institution.
Plugs Into Jack Henry, FiServ, and Others
CredVynt has pre-built connectors for the most common community bank LOS and core systems. Integration takes days, not months — and our team handles it.
Lender Feedback
"Every loan officer on my team had a different mental threshold for thin-file approvals. One would approve a gig worker with six months of clean deposit history, another wouldn't touch it. CredVynt gave us a structured, documented framework that all three of us apply consistently. When the examiner comes in and asks why we approved a loan with no bureau score, we have a real answer."
— Chief Credit Officer, Ridgeline Community Bank (Pilot Institution)
Ready to Run a Pilot at Your Institution?
Talk to us about your thin-file volume and current LOS. We'll outline a 60-day pilot scoped specifically to your use case — no long-term commitment until you see results.