Credit & small business finance. What changed, in plain words.
A short, hand-picked list of consumer-credit and small-business-finance news. Summaries are ours; follow the source link for the full story.
· CFPB
CFPB updates its Consumer Credit Trends dashboards
The CFPB refreshed its monthly dashboards tracking originations and inquiries for mortgages, credit cards, auto loans, and student loans — a useful pulse on how consumers are faring in credit markets.
CFPB's 2025 Fair Lending Report signals a narrower enforcement focus
Released October 1, the Bureau's 2025 Fair Lending Report describes a shift toward cases of intentional discrimination with identifiable victims, alongside changes to Regulation B and the §1071 small-business data rule.
SBA 7(a) approvals fell to about $32.4 billion across 56,130 loans in fiscal 2026, with 504 volume down 9%, as stricter underwriting rules took hold. A second rules revision took effect October 1.
SBA loan changes on Oct. 1 mean more paperwork for many borrowers
Revised SBA rules bring dozens of updates to loan processing — especially for business acquisitions — with more documentation and potentially longer waits for some smaller deals.
The SBA published the updated Standard Operating Procedure governing its 7(a) and 504 lender programs, effective October 1, 2026. Owners planning an SBA application should ask lenders how it affects their request.
Last reviewed October 15, 2026. Links go to third-party sites; The Ballers Kingdom is not affiliated with these publishers. News is for information only and is not financial or legal advice.