Operating as a CRA enables Spinwheel to provide the highest standards of compliance, security, and data governance for financial providers while also offering strong protections for consumers
Spinwheel, a leading API-based credit data and payments platform, announced that it is now operating as a consumer reporting agency (CRA). This designation ensures Spinwheel can operate under the highest standards of compliance, security, and data governance while strengthening protections for consumers.
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Spinwheel is now operating as a consumer reporting agency (CRA). This designation ensures Spinwheel can operate under the highest standards of compliance, security, and data governance while strengthening protections for consumers.
“Consumer debt has become increasingly fragmented and complex, making it harder than ever for both consumers and financial providers to see real-time and accurate credit profiles and reporting,” said Tomás Campos, co-founder and CEO, Spinwheel. “By operating as a CRA, we ensure the permissions, governance, and defensibility that financial innovators need to confidently use real-time data in high-stakes decision-making and help consumers take action on their financial needs.”
Spinwheel serves lenders, marketplaces, credit unions, and personal finance platforms that need an accurate, up-to-date view of what consumers actually owe rather than static snapshots or partial data. Through simple, developer-friendly APIs and agentic AI solutions, Spinwheel delivers permissioned, verified, real-time consumer credit attributes and comprehensive liability data across every major debt category — now with the standards required of a consumer reporting agency.
“As we looked at the needs of lenders, financial institutions, and fintechs — the clients we serve, we identified a gap between Spinwheel’s modern liability data platform and traditional bureau reporting,” said Spinwheel’s Chief Operating Officer Sean Anderson. “Operating as a CRA allows us to bridge that gap by delivering more comprehensive liability intelligence while supporting financial institutions across the full consumer lifecycle. This step reinforces our consumer-centric mission while strengthening regulatory alignment and trust across the financial ecosystem.”
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